Linklaters has revealed its retention rate for its autumn 2015 qualifying trainees, with 84 per cent of its cohort staying at the firm in newly-qualified (NQ) lawyer roles.
The magic circle offered 46 of its 55 trainees NQ roles. All 46 accepted. Of the NQ cohort, 52 per cent are male and 48 per cent are female. Of the 46, 44 will work in the London office.
Eight London NQs will join the capital markets practice, seven will join litigation and six will work in banking. The corporate and projects department will take five NQs apiece. Four NQs will join the real estate team while three will work in the technology, media and telecoms and IP department. Two NQs will join the tax department. The competition, employment, financial regulation and investment management teams will take one NQ each.
The other two NQs will be based in the Paris capital markets and Singapore corporate.
Linklaters training partner Nick Rumsby said: “We are pleased to announce another good set of qualification results. Our retention rate remains consistently strong, averaging a 90 per cent retention rate over the last four qualification rounds and we are delighted to have retained so many talented young lawyers.”
The rate is a drop on last year’s 93 per cent retention when the firm kept on 53 of 57 trainees.