Freshfields posts 82 per cent retention, keeping 37 of 45 qualifiers

Freshfields Bruckhaus Deringer has revealed a retention rate of 82 per cent, keeping 37 of 45 autumn 2014 qualifying trainees.

The firm is keeping on fewer trainees than it did last autumn, although it has achieved a slightly higher rate due to a lower intake, when it took on 39 of 48, or 81 per cent, of its trainees as newly-qualified (NQ) lawyers.

Freshfields offered positions to 38 of the 45-person cohort, but one trainee chose not to accept their position.

It is the second of the magic circle to release its retention for autumn 2014. Linklaters revealed a rate of 93 per cent last month, keeping 53 of 57 trainees (23 July 2014). Freshfields’ rates are generally positive when compared to the three other firms. 

Magic circle retention since 2010

Retention  Allen & Overy Linklaters Freshfields Clifford Chance

Spring 2010

83

73

80

70

Autumn 2010

81

87

89

78

Spring 2011

84

82

89

91

Autumn 2011

72

93

96

83

Spring 2012

89

86

85

76

Autumn 2012

79

78

89

77

Spring 2013

70

83

85

82

Autumn 2013

72

87

81

80

Spring 2014

84

86

80

94

Autumn 2014

 

93

82

 

Freshfields’ recent retention rates

Spring 2014: 35 of 44 (80 per cent)

Autumn 2013: 39 of 48 (81 per cent)

Spring 2013: 39 of 46 (85 per cent)

Autumn 2012: 41 of 46 (89 per cent)

Spring 2012: 41 of 48 (85 per cent)

Autumn 2011: 48 of 50 (96 per cent)

Spring 2011: 40 of 45 (89 per cent)

Autumn 2010: 40 of 45 (89 per cent)

Spring 2010: 40 of 50 (80 per cent)