Slaughter and May keeps 37 out of 40 newly qualifying trainee solicitors

Avatar photo

By Thomas Connelly on

Strong 93% retention result comes as magic circle firm ups GDL maintenance grant to £10,000

Slaughter and May’s London office

Magic circle player Slaughter and May has confirmed an autumn 2019 retention score of 93%.

From a qualifying cohort of 40, the Bunhill Row-based firm confirmed that 37 soon-to-be associates were staying put. Slaughter and May, which dishes out around 85 training contracts each year, received 39 applications and made 38 offers.

Slaughters said it was “extremely pleased” with today’s result which remains “broadly in line with previous years”. In the last three rounds, it posted results of 97% (34 out of 35), 95% (35 out of 37) and 86% (32 out of 37).

The 2019 Legal Cheek Firms Most List

The firm also confirmed it had upped its Graduate Diploma in Law (GDL) maintenance grant to £10,000 — a rise of 25% for those studying inside London (previously £8,000) and 43% for those outside (previously £7,000). The boosts will take effect for all future trainees beginning the GDL in September 2019 onwards.

The strong retention result comes less than a month after Slaughters upped newly qualified (NQ) solicitor pay packages to £100,000, following similar moves made by its magic circle counterparts.

For all the latest commercial awareness info, and advance notification of Legal Cheek's careers events:

Sign up to the Legal Cheek Hub

Related Stories

durham university law

Durham Uni teams up with ex-Slaughter and May partner to launch first LLB ‘pensions law’ module

Former magic circle lawyer Philip Bennett appointed visiting professor

Jun 19 2019 8:51am

Slaughter and May reveals first six start-ups to join legal tech hub

Easy-to-understand coding tool and AI-powered dictation platform among inaugural cohort

Apr 29 2019 1:40pm