Six on fixed-term deals
DWF has confirmed its autumn 2020 trainee retention score.
The listed law firm said 25 of its 39 newly-qualified (NQ) solicitors will be staying on. Six newbies are on fixed-term contracts, handing the firm a score of 64%, or 49%, depending on how you interpret the numbers.
The firm — which recruits around 30 trainees each year — chooses not to disclose its NQ or year two salaries, however Legal Cheek‘s Firms Most List shows year one rookies in London receive £38,000.
The disappointing retention score follows the news that the firm is to scrap its traditional training contact in favour of a new super-exam friendly graduate apprenticeship.
Elsewhere, Reed Smith has retained 13 of its 15 trainees — or 87%. Ten will be based in London, two in Singapore and one in Paris.
Four join the firm’s financial industries group, global corporate takes three, as does energy & natural resources. A further two NQs join the transport industries team, while labour & employment receives one. It’s London lot will start on a salary of £90,000.
In August, Reed Smith confirmed it had cut 19 roles, thirteen lawyers and six support staff, in its London office following a redundancy consultation.