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KWM and Simmons Release Disappointing Retention Rates, While Eversheds Makes Clean Sweep

KWM and Simmons Release Disappointing Retention Rates, While Eversheds Makes Clean Sweep

A number of international commercial law firms have released their spring 2016 trainee retention rates. Eversheds has retained all eight of its trainees who joined the firm two years previous and will now be taking up newly-qualified associate (NQA) positions with the firm. Three will be qualifying into the London office while four will be based in Birmingham and Cambridge. The final trainee will be involved in the firm’s international arbitration practice in Paris.

King & Wood Mallesons has retained 14 of its 20 trainees, giving a retention rate of 70 per cent. Simmons & Simmons originally released a 78 per cent retention rate for its spring intake, however it has been accused of tampering with these figures after an underwhelming year in managing to maintain young talent. Simmons originally stated that seven of the nine trainees had chosen to accept NQA positions. However, it has been revealed that the intake was in fact 13 rather than nine, giving them a disappointing 54 per cent retention rate. This is down from their retention rate posted for autumn where only 64 per cent of the 28 trainees remained with the firm.

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