Linklaters keeps 83% of qualifiers as NQs
Linklaters has retained 83 per cent of its March-qualifying trainees.
The magic circle firm eventually kept on 45 of a total of 54 final-seat trainees, after offering jobs to 49.
Clifford Chance and Freshfields have yet to make their retention figures public, but Allen & Overy has kept on 91 per cent of its spring 2016 NQs.
Partner Nick Rumsby said: “After a number of years of consistently strong retention rates we are pleased to retain so many high quality lawyers from our March qualifiers. Our retention rate of 83% demonstrates our continuing ability to offer our trainees impressive qualification opportunities into a globally minded and commercially successful firm.”
The news follows the announcement last week from Linklaters that it is to introduce a raft of changes to its salaries, bonuses and benefits in a bid to create a sustainable and attractive recruitment and retention model, including extra holiday, added bonuses and one day a week working from home for all qualified lawyers.