Trainee retention rates at the U.K.’s 30 largest law firms have risen across the majority of practices, with the average rate across the group nearly 10 percent higher than in March 2010.
Average retention across the UK top 30 firms stands at 84 percent when considering the number of job offers against the number of qualifying trainees. This figure drops marginally to 83 percent when taking into account rejected job offers. This compares with an average retention of just 75 percent this time last year, when job offers were affected by the prolonged economic downturn.
