Allen & Overy racks up 86% retention

Allen & Overy (A&O) has revealed a retention rate of 86 per cent, keeping on 38 of 44 autumn 2015 qualifying trainees in newly-qualified (NQ) positions.

Of the magic circle firm’s 44-strong cohort, 42 trainees applied for NQ roles. The firm offered 41 of those 42 roles. Ultimately, 38 accepted a role.

Last autumn the firm kept on 82 per cent of its trainee intake. This spring it achieved a rate of 93 per cent.

A&O training partner James Partridge said: “This is another pleasing result which demonstrates the consistently high standard of the trainees here at A&O, as well as our commitment to supporting their long term careers with us.”

The firm’s rate just pips Freshfields83 per cent retention but does not match Clifford Chance’s 96 per cent retention. Linklaters is yet to release its retention rate for this season.

The group of 44 was Allen & Overy’s smallest set of qualifiers in many years, following post-recession cuts to its intake. In spring 2010, the firm had 66 second-year trainees.

A&O retention 2015