Ashurst unveils spring retention rate of 85%

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By Thomas Connelly on

17 trainees from a cohort of 20 commit their future to the silver circle firm

Global law firm Ashurst has unveiled a solid spring retention rate of 85%.

From a qualifying cohort of 20, the silver circle outfit — which has 25 offices worldwide — received applications from 18 associates, with 17 eventually putting pen to paper on deals. As can be seen in our Most List, the newly-qualified lawyers (NQs) will now pocket a salary of £70,000.

Ashurst has confirmed nine fresh-faced associates are based in its corporate division, five in finance and two in dispute resolution. The remaining NQ has taken up a role at the firm’s Singapore office.

Today’s result is slightly higher than Ashurst’s 2016 spring score. On that occasion, the firm — which offers around 45 training contracts each year — kept hold of 15 of its 19 qualifying trainees (79%).

Ashurst was a solid performer in Legal Cheek’s 2016 Trainee & Junior Lawyer Survey. It notched up As for training, quality of work, peer support, partner approachability, perks and that all important social life.

This latest NQ news comes just days after Eversheds Sutherland and Burges Salmon revealed perfect retention scores.

Born out of the recent merger between UK-based international outfit Eversheds and US law firm Sutherland Asbill & Brennan, Eversheds Sutherland has confirmed that all 12 of its spring qualifiers have opted to stick around. Meanwhile, Burges Salmon has revealed that all 28 trainees due to qualify this autumn (yes, you read that correctly) have already put pen to paper on solicitor contracts.

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