Dickie Dees boosts NQ retention rate up to 87 per cent

Dickinson Dees has posted a 87 per cent newly qualified (NQ) retention rate, revealing a significant rise from September 2011 figures.

The Newcastle-based firm is keeping 13 out of 15 of its September 2012 qualifying trainee solicitors and it is looking for five more NQs to fill its remaining positions.

Last year the firm posted one of the worst retention rates for 2011, announcing it was keeping just 36 per cent of its NQs.

Elsewhere, Stephenson Harwood has posted a 75 per cent NQ retention rate, with six out of eight trainees accepting positions with the firm.

The news follows Clifford Chance becoming the first magic circle firm to reveal its summer 2012 retention rate figures, posting 77 per cent after holding onto 48 out of 60 trainees (24 July 2012).

CMS Cameron McKenna and RPC have also announced their NQ retention rates, posting 84 per cent and 80 per cent respectively (23 July 2012).

Camerons held onto 26 out of 31 trainees, after offering 29 jobs, while RPC offered roles to 12 out of 15 of its qualifying trainees, with all 12 accepting a role.