What is trainee retention?

The firm has more qualifying trainees than jobs available. This is especially likely to happen at a firm which has recently undergone a major merger or is in some financial difficulty.

How do you calculate trainee retention rate?

Retention equals the number of employees who stayed for the whole time period divided by the number of employees you had at the start of the time period. Multiply the result by 100 to get your retention rate.

What is Womble bond Dickinson known for?

Womble Bond Dickinson is the transatlantic law firm close to home, having served clients in the US for more than 140 years. The firm’s American predecessor, Womble Carlyle Sandridge & Rice LLP, was established in Winston-Salem, N.C. in 1876.

What means retention rate?

Retention rate is an important metric that calculates the percentage of users who continue using your product or service over a given time period. A high retention rate means your current customers value your product and are providing a sustainable source of revenue. A low retention rate means you have a leaky bucket.

What’s a good retention rate?

What Is a Good Employee Retention Rate? Currently, employee retention rates in the U.S. average around 90 percent and vary by industry. Generally speaking, an employee retention rate of 90 percent or higher is considered good.

How many training contracts do Clifford Chance Offer?

five lawtech training contracts
Clifford Chance offers five lawtech training contracts (included within the 95 figure). All lead to qualification as a solicitor.

What is special about Clifford Chance?

Clifford Chance offers expert advice to clients on all aspects of commercial law around the world. Our international reach continues to expand, with offices in every single major business centre in the world. A career with Clifford Chance means the opportunity to become a truly world-leading expert in commercial law.

How many trainees do Shoosmiths take?

From September 2019, the firm will increase its trainee numbers to 30 annually, and will now also include London as a base office location.