Linklaters has retained 47 of 50 trainees in its spring 2021 cohort, giving it a 94 per cent retention score.

The firm follows Allen & Overy in releasing its qualification figures for March.

Due to personal reasons one of the 47 is on a fixed-term contract. Nevertheless, the retention figure is the magic circle firm’s best since before the 2008 financial crisis.

Trainee development partner Richard Hodgson said: “We are very pleased that in our first qualifying intake of 2021, we have retained an even higher number of trainees than last year. This figure demonstrates our ability to attract, develop and retain a diverse group of talented individuals. I look forward to seeing the careers of our newly-qualified lawyers progress in the firm.”