Big hirers Clyde & Co and Eversheds have both released stonking retention rates for the third year in a row.
Clyde & Co made offers to all 43 of its September qualifiers. All 39 in the UK accepted and only one trainee, in Hong Kong, declined. A spokesman said the firm was "proud" of its global 98% mark, which continues its excellent run of results and improves upon last year's 94% and 91% in 2012. Taking the size of its intake into account, Clyde's result is the best in the field so far.
Eversheds also has a big pool of trainees, with 52 qualifying in September. The firm found NQ positions for 45 fourth-seaters, giving it a very good 87% retention rate for the third Autumn in a row.
The UK branch of Squire Patton Boggs (formerly Squire Sanders until its recent merger with a decorated toilet) did not perform quite so strongly. The firm confirmed to RollOnFriday that it was retaining 15 out of 19 of its September qualifiers (79%).
Inevitably there is greater variability in the rates for firms with smaller intakes, which are heavily impacted by the loss of just a few trainees. Osborne Clarke is retaining six of its cohort of nine, landing it a 67% score. Meanwhile RollOnFriday has learnt that Harbottle & Lewis failed to retain two trainees from its diminutive cohort of five qualifying this year, putting it just three places shy of the bottom with 60%.
Let RollOnFriday know if your firm's keeping on 100%, only the best or absolutely no-one.
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Clyde & Co made offers to all 43 of its September qualifiers. All 39 in the UK accepted and only one trainee, in Hong Kong, declined. A spokesman said the firm was "proud" of its global 98% mark, which continues its excellent run of results and improves upon last year's 94% and 91% in 2012. Taking the size of its intake into account, Clyde's result is the best in the field so far.
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A delighted Clyde & Co yesterday |
Eversheds also has a big pool of trainees, with 52 qualifying in September. The firm found NQ positions for 45 fourth-seaters, giving it a very good 87% retention rate for the third Autumn in a row.
The UK branch of Squire Patton Boggs (formerly Squire Sanders until its recent merger with a decorated toilet) did not perform quite so strongly. The firm confirmed to RollOnFriday that it was retaining 15 out of 19 of its September qualifiers (79%).
Inevitably there is greater variability in the rates for firms with smaller intakes, which are heavily impacted by the loss of just a few trainees. Osborne Clarke is retaining six of its cohort of nine, landing it a 67% score. Meanwhile RollOnFriday has learnt that Harbottle & Lewis failed to retain two trainees from its diminutive cohort of five qualifying this year, putting it just three places shy of the bottom with 60%.
Let RollOnFriday know if your firm's keeping on 100%, only the best or absolutely no-one.
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If a job is offered, that counts as a retention, whether or not the trainee takes it up. Suspect this may be common at a lot of firms
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