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Trainee Retention

7.9 / 10

(based on 21 ratings in 2016)

2016

"Retention rates have historically been low compared to competitor firms, but the previous intake has had promising numbers so I'm hoping this is a new trend that continues."
First year trainee, London
"36 jobs offered for 29 trainees in the previous intake. Looks pretty decent."
Second year trainee, London
"I have little doubt that I will be able to stay at the firm if I want to. The question is more whether I will be able to qualify into the department I am interested in, as it can be difficult to get a job in the more niche areas of the firm."
First year trainee, London
"I think they're very good and, in the years when they are a bit lower, it is often because the firm focuses on litigation/corporate/finance work and there is a larger amount of trainees who want to qualify into niche seats."
First year trainee, London
"Lower than some City firms but higher than they have been in the past. Much depends on which groups offer jobs."
First year trainee, London
"Good, but vary according to department availability applied for and market conditions."
First year trainee, London
"Retention rates are improving, though on qualification most of the seats tend to be in litigation/corporate/finance. Generally, there are not a lot of job openings in more niche seats like employment and IP."
First year trainee, London
"Generally good. I get the sense that many of the teams are hiring new qualifiers and growing."
Second year trainee, London

2015

"The retention rates reflect the fact that the firm is not always able to offer the ideal jobs list for a particular trainee intake, particularly if that intake has a lot of people who would like to qualify into niche areas. There are always jobs available in the main departments; such as corporate, finance and litigation."
First year trainee, London
"Retention rates seem to be dipping but this is mainly because people leave to work in the area they want to if there are not enough vacancies here."
First year trainee, London
"I have been offered a job at the firm but not in my first choice department."
Second year trainee, London
"The firm has okay retention rates, but there are few jobs in the department I would want to qualify into. I could get kept on fairly easily in certain departments though."
First year trainee, London

2014

"Retention all depends on the areas you want to go in, the number of applicants there, and the jobs list."
Second year trainee, Hong Kong
"Trainee retention isn't fantastic. It depends on which department you are interested in. I plan to qualify into corporate transactional which is one of the more competitive seats."
Second year trainee, Dubai
"The retention rates are not very high. There is more emphasis on 'business needs' than the desires of trainees. Although there are always enough jobs for the number of trainees, they are not always in the departments where people want to qualify."
First year trainee, London
"There seems to be enough jobs for everyone, but obviously some areas are more competitive than others."
Second year trainee, London
"Retention rates have been variable over the past few years. It remains to be seen whether cutting down on the number of trainees will change the retention rate statistics."
First year trainee, London
"Retention rates seem to be around the industry standard although with reduced numbers of trainees in the intake and the economy looking up I would hope for an improvement, especially in the niche areas."
First year trainee, London

2013

"They could be better. I do worry about this a lot."
First year trainee, London
"Variable, as with other City firms currently. Believe that if you are a good trainee there will be a job for you somewhere."
First year trainee, London
"Fluctuate. It's quite difficult everywhere at the moment."
Second year trainee, London
"Generally the rates have been okay/poor. The firm markets itself to graduates as a corporate, finance and litigation heavy firm but the reality is the majority of jobs are in corporate and finance. If you are interested in finance the chance of retention is very very good."
Second year trainee, London
"The retention rates seem to be the same as those at similar firms. I feel that the firm displays a commitment to keeping trainees on whenever it possibly can."
First year trainee, London
"Reasonable in the present climate."
Second year trainee, Paris
Our 'Inside Buzz' reviews are the comments and views of recent graduate recruits, giving you a view of what it may be like to work for an organisation. Copyright of all TARGETjobs Inside Buzz material lies solely with GTI Media.
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