Pinsent Masons has revealed that it will retain 79 per cent of its spring 2015 qualifying cohort.
The top 20 firm will keep on 15 qualifying trainees in newly-qualified (NQ) roles. Of a total of 19 trainees, 16 applied for roles. All were offered training contracts, which one NQ chose not to accept.
Pinsent Masons is generally a consistent, if not spectacular, performer when it comes to NQ retention. As the chart below shows, it typically keeps on between 70 and 80 per cent of its trainees, quite often letting a relatively large chunk of its larger Autumn intake go.
The firm is one of the last to announce its retention rate for the season, which has generally seen a rise in the proportion of trainees kept on at NQ level. Across 21 firms who have reported results, 423 of 494 trainees (85.6 per cent) have stayed on at the firm that trained them.
- Who’s done well and who’s lagging behind? Find out in our full spring 2015 retention round-up