Hogan Lovells did not include a departing trainee in its retention figures, RollOnFriday has discovered, while Simmons & Simmons is losing half of its cohort, as this orange rag predicted.
Last week RPC adjusted its trainee retention figure after RollOnFriday pointed out it that had forgotten a trainee who left after qualifying in March. This week, a source claimed that Hogan Lovells had also failed to include an early leaver, who exited the building without qualifying.
Hogan Lovells confirmed the discrepancy. Suggesting that the HogLove graduate team is so loved-up, it can't comprehend even the possibility of someone wanting to bail, a spokeswoman said, "It is very unusual for the number of intake trainees to differ from the number who qualify".
The recalibration still leaves Hogan Lovells with a fair 77% retention rate.
Meanwhile, Simmons is Simmons is keeping just 50% of its 24 trainees. Seven didn't even apply, and of the 17 who did only 13 received offers, of whom 12 accepted. It follows a dire 54% in the spring, when RollOnFriday rumbled the firm trying to disguise its poor performance. Lawyer 2B reports that training principal Alan Gar attributed the latest flop result to "a period of uncertainty caused by Brexit”, saying, “We think that had an impact on the round, but would not pretend that was the only factor". When RollOnFriday broke news of stealth redundancies at Simmons & Simmons in early August, it predicted that very few NQ spots would be on offer at the firm. An insider claimed that trainees were "leaving anyways due to an increasingly toxic office culture".
BLP has announced that it is retaining 65% of its 20 trainees. The firm offered jobs to 16, three of whom turned it down. It follows a 70% rate in spring, 71% last autumn and 61% last spring, when BLP was also also shamed by RollOnFriday for missing out three trainees who decided to leave. BLP Training Principal Anthony Lennox focused on the international reach of the trainee programme, saying that Hong Kong trainees would be a "regular addition" to the intake, and that from September next year the firm will "also have a Myanmar trainee”. Which is nice.
Other firms releasing their figures this week performed better, with Addleshaw Goddard posting 81%, Norton Rose Fulbright reaching 85% and Macfarlanes hitting 86%.
Know your stats? Correcting a firm's line? Write in.
Tip Off ROF
Last week RPC adjusted its trainee retention figure after RollOnFriday pointed out it that had forgotten a trainee who left after qualifying in March. This week, a source claimed that Hogan Lovells had also failed to include an early leaver, who exited the building without qualifying.
Hogan Lovells confirmed the discrepancy. Suggesting that the HogLove graduate team is so loved-up, it can't comprehend even the possibility of someone wanting to bail, a spokeswoman said, "It is very unusual for the number of intake trainees to differ from the number who qualify".
 |
Leave early? And miss this? |
The recalibration still leaves Hogan Lovells with a fair 77% retention rate.
Meanwhile, Simmons is Simmons is keeping just 50% of its 24 trainees. Seven didn't even apply, and of the 17 who did only 13 received offers, of whom 12 accepted. It follows a dire 54% in the spring, when RollOnFriday rumbled the firm trying to disguise its poor performance. Lawyer 2B reports that training principal Alan Gar attributed the latest flop result to "a period of uncertainty caused by Brexit”, saying, “We think that had an impact on the round, but would not pretend that was the only factor". When RollOnFriday broke news of stealth redundancies at Simmons & Simmons in early August, it predicted that very few NQ spots would be on offer at the firm. An insider claimed that trainees were "leaving anyways due to an increasingly toxic office culture".
BLP has announced that it is retaining 65% of its 20 trainees. The firm offered jobs to 16, three of whom turned it down. It follows a 70% rate in spring, 71% last autumn and 61% last spring, when BLP was also also shamed by RollOnFriday for missing out three trainees who decided to leave. BLP Training Principal Anthony Lennox focused on the international reach of the trainee programme, saying that Hong Kong trainees would be a "regular addition" to the intake, and that from September next year the firm will "also have a Myanmar trainee”. Which is nice.
Other firms releasing their figures this week performed better, with Addleshaw Goddard posting 81%, Norton Rose Fulbright reaching 85% and Macfarlanes hitting 86%.
Know your stats? Correcting a firm's line? Write in.
Comments
80
83