Allen & Overy has revealed that it will keep on 81 per cent of its trainee qualifiers this spring.
The firm had a cohort of 37 trainees approaching qualification and offered newly qualified (NQ) roles to 33 of the 36 who chose to apply; 30 then accepted.
Graduate recruitment partner James Partridge said: “We are fortunate to have trainee cohorts made up of such outstanding talent and I look forward to seeing our new associates continue to flourish in their careers at A&O.”
Clifford Chance was the first of the magic circle firms to unveil its retention figures for the spring, keeping on 34 of its 40 qualifiers, or 85 per cent. Freshfields Bruckhaus Deringer then followed, retaining 90 per cent.
Elsewhere, Holman Fenwick Willan has retained five of its seven qualifiers: three in London, one in Geneva and one in Dubai. Two of the trainees will take up roles in insurance/reinsurance while the other three join the firm’s shipping, commodities and energy teams.
|Spring 2020 retention so far||Trainees retained||Fixed term contract||Trainees left||Total number of qualifiers||Percentage retained|
|Allen & Overy||30||0||7||37||81.1|
|Trowers & Hamlins||8||0||2||10||80.0|