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Newly qualifieds flying the nest

Natasza Slater considers the significance of firms' trainee retention rates and whether it is worth looking outside your current firm for a newly qualified role

21 July 2015

The retention rate of trainees is a key factor for students in deciding which firm to apply to for a training contract. For the larger firms, retention rates are publicised across the legal media. As retention rates for autumn qualifiers start to trickle in, it would be insightful to describe the qualification process in today’s climate and look beyond the headline retention figures.

The process of qualifying from a trainee to a newly qualified solicitor (NQ) is a daunting concept for any trainee. There is plenty of guidance available for a training contract application, from how to complete an application form to how to perform well at an assessment day. In respect of the qualification process to NQ, guidance is sparse. Each firm has its own process, which can vary significantly, particularly if you are competing against another trainee for a role.

Further, it is likely to be th...

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