If you are applying for training contracts you should keep an eye on law firm trainee retention rates as they are published. After all, a training contract is a means to the end of being a newly qualified (NQ) lawyer, and a firm's retention rate may play a role in your decision where to apply.
The trainee retention rate is the percentage of qualifying trainees who have accepted the offer of NQ positions at the firm. These figures refer to those qualifying in spring 2017.
|Firm||Number of trainees in qualifying intake (autumn 2017)||Number of accepted NQ offers||Retention percentage|
|Shearman & Sterling||15||13||87%|
|Slaughter & May||32||29||91%|
|Watson Farley & Williams||15||15||100%|
|Mishcon de Reya||14||9||64%|
|Kirkland & Ellis||9||5||56%|
|Allen & Overy||47||40||85%|
|Ince & Co||10||9||90%|