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Trainee retention figures looking good
03 February 2012
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Trainee retention figures continue to spill out of firms and the positive trend seems to be continuing, with some pretty strong results.

Travers Smith and Wragges have joined SJ Berwin at the top of the table, all three posting perfect retention scores of 100%. That's pretty impressive stuff in these shaky times. A spokeswoman for Wragges was justifiably excited, saying "all our March qualifiers are staying with the firm, which is good for them and sends a positive message about training at Wragge & Co". Further down the table, Baker & McKenzie managed a not-too-shabby 80% retention rate and just pipped Ashurst, which will be holding onto 21 of its 27 trainees (78%).

But it's not all high fives and chest bumps. Kicking around right at the bottom of the table are two firms very much bucking this positive trend: Reed Smith, which only managed to retain nine of its 16 trainees, and current last-placed Macfarlanes, with only two out of the five trainees staying on as NQs. It's a sharp fall from grace for the blue-blooded firm which posted an impressive 92% score last year.

    The soundtrack for 60% of Macfarlanes' trainees

If your firm isn't in the table, drop us a line (anonymously of course) to let us know your how qualification is going at your shop. And pop over to the blogs for a comparison of retention scores over the last year (plus a bit of a moan about firms' attempts to fudge their figures).

Firm
Total trainees
Trainees retained
% Retention score
SJ Berwin
 8  8 100
Travers Smith
 4  4 100
Wragge & Co
 6  6 100
Allen & Overy
 57  51  89
BLP
 17  15  88
Herbert Smith  40  35  88
Freshfields
 48  41  85
Stephenson Harwood
 6  5  83
Baker & McKenzie
 20  16  80
Ashurst  27  21  78
Norton Rose
 23  18  78
Clifford Chance
 51  39  76
Reed Smith
 16  9  56
Macfarlanes  5  2  40

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anonymous user
02/02/2012 22:16
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Seriously how do you get the numbers in the wrong column!
anonymous user
03/02/2012 13:10
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All very well having 100% retention figures, but how many of those NQ's will last the first few years? Get the feeling many firms retain trainees to score highly on sites like this, but have no intention of keeping their NQ's on after the first 18 months.
anonymous user
03/02/2012 15:30
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what is going on with Clifford Chance? any insider would like to shed light on this dip in retention rate?
anonymous user
03/02/2012 15:51
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The Macfarlanes figure, like its second from bottom placing in the RoF firm of the year results, reflects a firm in very serious trouble. Morale doesn't get any worse than this and even more rats are set to leave the ship soon.
anonymous user
09/02/2012 09:44
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McFarlanes are in deep trouble, but Dickinson Dees are in far worse trouble.

In the last 2 years Dickie Dees have had the worst and second worst trainee retention rates. Eek!
anonymous user
09/02/2012 13:31
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It would be useful to see the retention rates for the entire year so that the September qualifiers are also included. This would give a fuller picture and be a more accurate reflection of retention especially where the March intake is so small.
Laura @ RoF
09/02/2012 13:34
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It's by no means complete but I am putting together a table for the year here: http://www.rollonfriday.com/Blogs/ReadBlog/tabid/144/Id/1287/Default.aspx
anonymous user
09/02/2012 13:47
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Agree - Mcfarlanes in serious trouble. ITs too old fashioned to be able to adapt to the current market and treats staff very badly.