Nabarro January retention rate drops to 89 per cent

Nabarro has announced that its January retention rate has fallen to 89 per cent, after eight of the nine qualifying trainees accepted places at the firm.

The figure is a slight dip from the 100 per cent Nabarro achieved last year when all eight trainees opted to take up newly-qualified (NQ) positions at the firm.

Graduate recruitment manager Mel Brooking said: “We work hard to give our trainees a positive experience of Nabarro across six seats, so it’s always a pleasure to see a high proportion choosing to qualify with the firm.”

This year’s results sees the firm place a much higher focus on real estate with three trainees taking on roles within its pure real estate practice and two entering its funds and indirect real estate practice. The remaining trainees will qualify into its banking and finance, corporate and intellectual property teams.

In comparison Nabarro’s intake of NQs last January saw eight practices receive only one trainee each. These teams were: construction, corporate, EU/competition, funds, real estate, indirect real estate, pensions and planning.

Earlier this week Slaughter and May revealed a retention rate of 95 per cent for its March 2016 qualifiers. Of the 40 trainees eligible to qualify in March, 38 accepted a place at the firm.

Nabarro retention