Trainee retention rates across the UK's top 30 law firms have been hit by the ongoing economic downturn, with most firms with March 2010 intakes retaining under 80% of their newly-qualified lawyers. Legal Week research shows the average retention rate for March 2010 stood at 75%, comparing acceptances with the number of qualifiers, a drop of nearly 10% on the 83% retention rate reported in March 2009.
March 10, 2010 at 07:04 PM
1 minute read
The original version of this story was published on Legalweek
Retention rate falls 8% on 2009; Simmons records 69% rate
Trainee retention rates across the UK’s top 30 law firms have been hit by the ongoing economic downturn, with most firms with March 2010 intakes retaining under 80% of their newly-qualified lawyers.
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