JD Journal

In March, London’s Allen & Overy announced it would retain only 70% of its trainees for September 2009 and March 2010.

Now the firm has added it will take on 105 trainees a year, from September 2011 on. Traditionally, the firm has brought on 120 associates a year.

In April, the firm cut loose 47 equity partners, 200 associates, and 200 support staff.

Founded in 1930, Allen & Overy has approximately 5,500 staff in 31 offices worldwide. It is part of the Magic Circle of London-based law firms.

Related posts:

1. Allen & Overy to Cut 30% of Trainees
2. Allen & Overy Lays Off 47 Partners, 200 Associates, 200 Staff
3. Allen & Overy to Outsource More Work
4. Women Laid Off from Allen & Overy Found New Firm
5. Allen & Overy Hires Singapore Team
6. Allen & Overy Reports Revenue Up, Profits Down