Six on fixed-term offers
DWF has confirmed its autumn 2020 trainee retention rating.
The listed regulation agency stated 25 of its 39 newly-qualified (NQ) solicitors will probably be staying on. Six newbies are on fixed-term contracts, handing the agency a rating of 64%, or 49%, relying on the way you interpret the numbers.
The agency — which recruits round 30 trainees annually — chooses to not disclose its NQ or yr two salaries, nevertheless Authorized Cheek‘s Firms Most List exhibits yr one rookies in London obtain £38,000.
The disappointing retention rating follows the information that the agency is to scrap its traditional training contact in favour of a brand new super-exam pleasant graduate apprenticeship.
Elsewhere, Reed Smith has retained 13 of its 15 trainees — or 87%. Ten will probably be based mostly in London, two in Singapore and one in Paris.
4 be part of the agency’s monetary industries group, international company takes three, as does power & pure assets. An additional two NQs be part of the transport industries staff, whereas labour & employment receives one. It’s London lot will begin on a wage of £90,000.
In August, Reed Smith confirmed it had cut 19 roles, 13 legal professionals and 6 help employees, in its London workplace following a redundancy session.