The recession – and subsequent economic ‘re-set’ – is threatening the fundamentals of junior lawyer recruitment, says outplacement specialist Nigel McEwen.
2009 will possibly mark the lowest retention rate for trainees ever. Gossip is rife about reduced salaries being offered to newly qualifieds (NQs). Rumours abound within firms about who will be kept on and who won’t. But among all the hype and chitchat, are some short and long term trends emerging about trainee recruitment and the nature of the training contract itself?
