Norton Rose Fulbright reveals drop in retention to 77 per cent

Norton Rose Fulbright has revealed its retention rate for autumn 2014, with the number of newly-qualified (NQ) lawyers staying at the firm dropping compared to recent qualification dates.

The firm will keep on 17 of 22, or 77 per cent, of its trainees as NQ lawyers, with all of the cohort working in the London office. It did not reveal which practice areas the NQs would be working in but did state that every trainee offered a NQ contract accepted the offer.

The rate is a decline on last September, when 24 of 26, or 92 per cent of qualifying trainees, were retained as NQs (13 August 2013).

Following a switch from a six-seat to a four seat training contract, Norton Rose Fulbright has had an unusual series of qualification dates since 2013, but from now onwards, trainees will once again qualify in March and September.

Norton Rose Fulbright retention 2014

Recent Norton Rose Fulbright retention results

September 2014: 17 of 22 (77 per cent)

May 2014: 24 of 26 (92 per cent)

September 2013: 24 of 26 (92 per cent)

March 2013: 17 of 19 (89 per cent)

January 2013: 13 of 17 (76 per cent)

September 2012: 18 of 23 (78 per cent)

March 2012: 19 of 23 (83 per cent)

September 2011: 14 of 16 (88 per cent)

March 2011: 26 of 30 (86 per cent)

September 2010: 24 of 29 (83 per cent)