Ashurst has reported a dip in its newly qualified (NQ) retention rates to 78% for its spring 2012 qualifiers.
The top 20 firm has announced it is keeping 21 of 27 trainees, giving it a retention rate of 78 per cent. However, three of the qualifying trainees decided to not apply for an NQ role at the firm.
The result is a drop from the retention rate at this point last year, when the firm achieved an impressive 95 per cent, holding onto 21 out of its 22 trainees.
Similarly, in autumn 2011 the firm posted a 93 per cent NQ figure, with 26 out of 28 trainees accepting positions at Ashurst.