NQ retention rates revealed at Links and Addleshaws
updated on 01 March 2011
City practices Linklaters and Addleshaw Goddard have revealed their Spring newly qualified retention rates.
Linklaters has offered permanent positions to 50 of its 60-strong March-qualifying intake, which equates to a retention rate of 83%; an 82% figure overall taking into account the fact that only 49 of those offered accepted a position. The number of trainees who applied for newly qualified positions was lower than in previous years and the firm's trainee development partner Simon Firth told The Lawyer: "Taking into account the fact that six trainees decided to resign before the decisions were made, the retention rates are very good this year. If all 60 candidates had submitted applications, we would have been able to make more offers."
Addleshaw Goddard offered six out of seven of its qualifying trainees a permanent position, which equates to a retention rate of 86% - all six of those offered a job accepted. Training partner Andrew Blower told The Lawyer: "Our retention rate over the years is an encouraging indication of a strong business with a genuine commitment to attracting, retaining and developing great people as well as a culture, client base and ambition that is attractive to the very best talent."
For a report on other firms' figures, see "More firms reveal retention rates".
