41 out of 47 qualifying trainees stay put
The London office of magic circle law firm Clifford Chance has posted an autumn retention score of 87%.
Of the 47 trainees due to qualify this September, 41 will be staying on as newly qualified (NQ) associates. The Canary Wharf-headquartered giant, which takes on around 95 trainees each year, received 45 applications and made 41 offers. The firm did not disclose the departments or offices its new recruits will qualify into.
Legal Cheek’s Firms Most List shows that CC’s NQs will start life on a recently improved pay package of roughly £100,000. It is worth noting, however, that the new six-figure-sum includes discretionary bonuses.
Today’s result marks a slight drop on the firm’s spring score of 90% (46 out of 51) but a notable improvement on its autumn 2018 result of 77% (36 out of 47).
Yesterday, Slaughter and May confirmed 37 out of its 40 NQs were staying put or 93%.
