Norton Rose posts 78 per cent retention rate

Norton Rose has disclosed a newly qualified (NQ) retention rate of 78 per cent for its Autumn qualifiers.

The top 10 firm is holding on to 18 of its 23 trainees qualifying in September, after offering 19 of the trainees jobs.

This compares to a 78 per cent retention of its spring qualifiers, holding onto 18 out of 23.

Last September, the firm kept 14 out of 16 qualifying trainee solicitors, giving it a retention rate of 88 per cent.

In a statement, Sarah Kelly, Norton Rose recruitment head, said: “As always, we are keen to retain our very best people. Our business continues to grow, allowing us to offer more positions than we did in the January qualifying round. We look forward to welcoming the new trainees to our business”.

Last week, the firm confirmed it is set to axe two of its six trainee seats, including its compulsory international seat, as part of a restructuring of the way it runs its programme for prospective lawyers (21 August 2012).

That change followed the firm’s decision to allow trainees to spend time in the Sydney and Perth offices following its 2010 tie-up with Australia’s Deacons (13 July 2012).