Latham, DAC Beachcroft post retention figures

DAC Beachcroft has retained 80 per cent of its newly-qualified (NQ) solicitors this autumn.

Of a qualifying cohort of ten, eight have take up NQ roles at firm.

Four had worked at the firm in other roles before starting their training contracts. Lawyer 2B revealed in January that DAC is one of the firms that recruits most heavily from its paralegal pool.

DAC Beachcroft managing partner David Pollitt said: “We are delighted to be able to welcome our latest new recruits officially and to congratulate them all on achieving qualification.”

The firm kept on all 11 of its qualifiers in 2015. Last year it also upped its trainee numbers and took on its first trainee in Newcastle.

Meanwhile, US firm Latham & Watkins has retained 17 of its 20 qualifiers.

A spokesperson said that two of those trainees that have departed have left the law entirely. Those that stayed on were spread evenly across the corporate, finance and litigation departments.

Some 48 firms have now revealed their autumn retention results, but a number of firms with large intakes have yet to announce their results.

Retention 2016 large firms

Revealed: the firms that hire most trainees from their paralegals