Score of 77%
Norton Rose Fulbright has today revealed an autumn 2019 trainee retention score of 77%.
Out of a cohort of 26 rookies due to qualify this month, 20 accepted newly qualified (NQ) solicitor positions at the global outfit’s London headquarters. Norton Rose Fulbright, which offers 45 training contracts each year, confirmed it made 22 offers. Two trainees resigned.
New associates will start on £77,000 — a 52% jump on their second year salaries of £50,500. Our Firms Most List shows City player Taylor Wessing also remunerates NQs £77,000. First year trainees at Norton Rose Fulbright earn £46,500.
This year’s retention result is a slight drop on last year’s. On that occasion Norton Rose Fulbright posted a score of 90% — holding on to 28 out of 31 juniors. The firm recorded a rate of 95% in spring this year (19 out of 20) and 75% (18 out of 24, plus two on fixed-term contracts) the spring prior.
Norton Rose Fulbright, which is the biggest UK-headquartered law firm outside of the magic circle by revenue, performed well in this year’s Trainee and Junior Lawyer Survey. The international firm notched up A*s for peer support and its swanky riverside office, as well as As for training, quality of work and tech.