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Trainee Retention

8.3 / 10

(based on 28 ratings in 2016)

2016

"Depends on which department you are interested in and whether there are any positions. If you are interested in mergers and acquisitions, banking and finance, or private client, you are almost guaranteed a position."
First year trainee, London
"Consistently positive retention rates. All that leave tend to do so through choice. Some departments are far more popular than others so some trainees leave on qualification as there isn't room for them in their chosen department."
First year trainee, London
"We have good retention rates. Most of the people who leave do so because they have an offer from elsewhere (often to do other types of work), not because they haven't had an offer here."
First year trainee, London
"The rates are good. There is competition for certain departments though."
First year trainee, London
"Pretty good and transparent new qualifier hiring process, with high retention rates."
Second year trainee, London
"Pretty high and the firm will make an effort to find you a space in a different department if they want to keep you on, which is reassuring."
Second year trainee, London
"They seem to be very good and I'm not worried about qualification at this point."
First year trainee, London
"Good. The firm aims to keep all of its trainees, and will do, unless you opt to move elsewhere or aren't good enough."
Second year trainee, London
"Retention rates are generally high and I'm not aware of any instance of a trainee who wanted to stay being offered no choice at all in the last 18 months. Popular departments do not always have space for all applicants, but alternatives are offered and the interview process is appropriately rigorous in light of this. The process could benefit from being more transparent."
Second year trainee, London

2015

"Retention rates here are superb."
First year trainee, London
"I think that being kept on as an NQ is pretty much guaranteed."
First year trainee, London
"Retention rates are very good - the firm tries hard to keep everyone."
Second year trainee, London
"All of the trainees that are leaving are doing so to move elsewhere despite being offered an NQ position. As far as I am concerned, that is as good as 100% retention."
Second year trainee, London
"I have already been kept on. Jobs were offered to all except one, and those who have left have left of their own accord. Retention rates are therefore very good - it is a good time to be qualifying!"
Second year trainee, London

2014

"The firm have good retention rates, often approaching 100% retention of those trainees who wish to be retained."
First year trainee, London
"The retention rates are very high. We are very busy and Macfarlanes is the type of firm that is desperate to keep its trainees because it has invested so much in us and they recruited for our promise."
Second year trainee, London
"I think the firm's retention rate is very good; they like to keep people on and develop them."
Second year trainee, London
"Retention is very good. I haven't heard of someone being dropped for ineptitude - only for lack space in a certain department or trainee motivations."
First year trainee, London
"Retention rates are relatively high (about 80% I think) and it is encouraging to note how many current partners (57%) trained at the firm."
First year trainee, London
"The retention rates are excellent."
Second year trainee, London
"The firm has very high retention rates for people who choose to stay."
First year trainee, London
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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