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Ashurst's NQ retention rate falls to 70 per cent

11 January 2013 | By Becky Waller-Davies

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Ashurst has revealed a drop in its retention rate to 70.3 per cent, with 19 of its 27 March-qualifying trainees staying on at the firm.

This is the lowest retention rate posted by the firm since spring 2010, when it posted a rate of 67 per cent.

Last summer it announced a retention rate of 83 per cent, keeping 24 out of 29 trainees.

Partner and trainee principal David Jones commented: “Retention rates obviously vary in accordance with business need, market conditions and the individual group although, of course, we do aim to keep on as many qualifiers as possible.”

Earlier this week, Nabarro announced a retention rate of 78 per cent (7 January 2013).

 

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Readers' comments (2)

  • Anonymous | 11-Jan-2013 4:39 pm

    It would be interesting to know how many of the qualified trainees staying not being kept on are men, with Ashurst one of those firms hot on female targets

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  • Anonymous | 22-Jan-2013 9:48 am

    50% of the trainees who were let go were female, and 50% were male...I don't know what you were suggesting but the "female targets" are not affecting the way trainees are treated and only mean that Ashurst is trying to help people with families staying at the firm...

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