A rating of 82%
Baker McKenzie has revealed its autumn 2020 trainee retention rating, confirming 14 of its 17 soon-to-be associates are staying put post-qualification.
The worldwide agency mentioned it made 14 presents, all of which had been accepted. None are fastened time period offers. The three unsuccessful trainees utilized to affix oversubscribed groups, the agency mentioned.
5 are company certain, three be a part of employment, whereas EU/competitors & commerce (one group) and banking take two apiece. Tax and disputes additionally take one newly certified (NQ) lawyer every.
Arron Slocombe, Baker McKenzie’s coaching principal, mentioned:
“We’re delighted to welcome one other robust group of trainees into everlasting roles as certified legal professionals throughout each our transactional and advisory departments. This autumn’s retention charge stays excessive at 82% and represents our ongoing dedication in attracting and retaining the easiest expertise to assist develop our enterprise sooner or later. We want them each success in what, we hope, shall be a protracted and fulfilling profession.”
Authorized Cheek‘s Firms Most List exhibits its new recruits will begin on a revised base wage of £87,500, after the firm took the decision in July to cut NQ pay in response to the pandemic. Different Metropolis gamers have taken comparable steps.
This time final yr the worldwide participant retained 16 of its 18 NQs — or 89%.