Linklaters has seen its trainee retention rate drop to 78%, with the magic circle firm keeping on 51 of its 65 trainees qualifying this autumn.

The figure, which compares with a retention rate of 93% this time last year, reflects the fact that only 60 of the firm’s trainees applied for positions, with 53 of these offered positions. Of those offered a job on qualification, 51 accepted.

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