Clifford Chance 70% Trainee Retention
Clifford Chance is to retain 70% of trainees from its September intake. A total of 49 trainees will stay on out of 70 due to qualify. This is a 10% drop on the previous figure when the firm offered 80% of trainees a job at the firm. Although the figures are down, it is about on a par with other City firms that have made announcements recently. Freshfields Bruckhaus Deringer, Herbert Smith and Allen & Overy have all seen trainee …
Clifford Chance is to retain 70% of trainees from its September intake. A total of 49 trainees will stay on out of 70 due to qualify. This is a 10% drop on the previous figure when the firm offered 80% of trainees a job at the firm.
Although the figures are down, it is about on a par with other City firms that have made announcements recently. Freshfields Bruckhaus Deringer, Herbert Smith and Allen & Overy have all seen trainee intakes reduced by comparison to previous rounds.
For more on trainee retention:
June 22, 2009
That’s not that bad given everthing that has been happening recently.