MORE than 300 employers, including an increasing number of the UK's top law firms, are expected to take Russian workers on placement as part of this year's Chancellor's Financial Sector Scheme.
Norton Rose, Linklaters & Paines, Clifford Chance and Stephenson Harwood are among the firms participating in the project which was established in 1992 by the former Chancellor of the Exchequer, Norman Lamont.
The scheme's press officer Alison Briston says both participants and employers will benefit from the project, which is designed to give young executives in the legal, business and financial sectors first-hand experience of a sophisticated free market economy.
In previous years some firms have employed the participants attached to them on completing the programme.
Run by the British Council, this year's project has already attracted 40 per cent of last year's participating employers.
“The whole aim is that the knowledge gained by the Russian participants will permeate into many, many work situations,” says Briston.
“At the same time it is hoped it will provide real benefits to the companies that take the participants because they'll gain knowledge and understanding of how to do business in Russia and of what's happening in the former Soviet Union right now.”