Slaughter and May has announced that it is retaining 86% of its qualifying trainees this Autumn.
Of the 37 qualifiers in the cohort, 35 applied to stay at Slaughter and May. The firm made 33 offers, of which 32 were accepted.
86% is a decent retention rate, and maintains a good run for the elite Magic Circle firm. Slaughter and May kept 95% of its qualifying trainees in Spring this year. It held on to 91% of its Autumn 2017 trainees, and all of its Spring 2017 qualifiers. The newly-qualified associates will start on £80,000.
A spokesman for the firm said "we would like to congratulate all of our newly qualified associates, who we are confident will all play a key role in the ongoing success of the firm.”
In the RollOnFriday Firm of the Year survey 2018, Slaughter and May was lauded for the calibre of its work. One trainee said "my colleagues are very intellectual and I feel I'm learning from the best". However, the firm will demand its pound of flesh, as one trainee said "being slammed is a rite of passage, one that you pass through regularly". Although, another trainee's experience was that there was "no 'face time' culture" and that weekend working was "a rarity".
There were mixed views on the firm's culture. "It is very hierarchical" grumbled one lawyer. However, a trainee disagreed saying that despite the firm's "stuffy reputation" it is actually "very laid back and friendly". For another lawyer, their main gripe was that the firm's food was going "downhill" as "we previously had home baked snakes* in all meeting rooms now we get bought in biscuits!"
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Of the 37 qualifiers in the cohort, 35 applied to stay at Slaughter and May. The firm made 33 offers, of which 32 were accepted.
86% is a decent retention rate, and maintains a good run for the elite Magic Circle firm. Slaughter and May kept 95% of its qualifying trainees in Spring this year. It held on to 91% of its Autumn 2017 trainees, and all of its Spring 2017 qualifiers. The newly-qualified associates will start on £80,000.
A spokesman for the firm said "we would like to congratulate all of our newly qualified associates, who we are confident will all play a key role in the ongoing success of the firm.”
In the RollOnFriday Firm of the Year survey 2018, Slaughter and May was lauded for the calibre of its work. One trainee said "my colleagues are very intellectual and I feel I'm learning from the best". However, the firm will demand its pound of flesh, as one trainee said "being slammed is a rite of passage, one that you pass through regularly". Although, another trainee's experience was that there was "no 'face time' culture" and that weekend working was "a rarity".
There were mixed views on the firm's culture. "It is very hierarchical" grumbled one lawyer. However, a trainee disagreed saying that despite the firm's "stuffy reputation" it is actually "very laid back and friendly". For another lawyer, their main gripe was that the firm's food was going "downhill" as "we previously had home baked snakes* in all meeting rooms now we get bought in biscuits!"
| Preferable to biscuits for some lawyers. |
If you know your firm's retention stats, do write in.
*Possibly a typo
*Possibly a typo
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