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Slaughter and May completes Magic Circle retention season


By Victoria Basham

29 September 2016 at 13:06 BST


The firm has posted an autumn retention figure of 89 per cent, holding on to 32 of its NQ lawyers.

Iakov Kalinin

The London-headquartered firm – which has just four offices across the globe – reported that 35 trainees from a cohort of 36 had put themselves forward for full-time positions. The firm made 34 offers and all but two were accepted, equating to a respectable autumn retention figure of 89 per cent.

‘Bodes well for the future’

A spokesperson for Slaughter and May described the results as ‘broadly in line with previous years. We are very pleased with this continued strong showing which bodes well for the long-term future of the firm.’

Salary

The firm’s new recruits take home £71,500, which – due to some significant pay increases across the City – makes them the lowest paid associates within the magic circle quintet.

 
   
 
 
 

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