37 of its 40 trainees take NQ roles
Slaughter and May has posted an autumn trainee retention rate of 93%
The firm will keep 37 trainees at NQ level, out of a cohort of 40. All are on permanent deals.
The Legal Cheek Firms Most List 2023 shows Slaughters recruits around 95 trainees every year. First-year salaries currently sit at £50,000, rising to £55,000 in their second year. The firm’s NQs earn £115,000.
The results complete the Magic Circle autumn retention round up for 2023 with Linklaters recently revealing a score of 86% (42 out of 49), while Allen & Overy recorded a rate of 93% (37 out of 40).
Freshfields confirmed a 90% score (36 out of 40) and Clifford Chance recorded 78% (43 out of 55).
Earlier this year, Slaughters revealed a spring retention rate of 100%, with the firm keeping all of its 47 qualifiers.