Slaughter and May reveals 93% autumn trainee retention score

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By Thomas Connelly on

38 out of 41

Slaughter and May’s London office

Slaughter and May has become the fourth magic circle firm to reveal its autumn 2020 trainee retention score.

From a September qualifying cohort of 41, Slaughters made 38 permanent offers — all of which were accepted. A firm spokesperson said: “This strong showing bodes well for the long-term future of the firm.”

Its newly qualified (NQ) lawyers will start on a salary of £87,000 after the firm opted to reduce pay in May to negate the financial impact of COVID-19. Pre cut, Legal Cheek‘s Firms Most List showed NQ base rates sat at roughly £92,000, with performance bonuses bumping earnings to in excess of £100,000.

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Last month fellow magic circle players Clifford Chance and Allen & Overy posted results of 78% (36 out of 46, plus two on fixed-term deals) and 93% (38 out of 41) respectively. Freshfields, meanwhile, chalked up a score of 84% (32 out of 38) but declined to say whether any of its new associates were on fixed-term deals. Linklaters is yet to reveal its autumn figures.

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