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US firm Milbank Tweed Hadley & McCloy is launching a training contract programme and vacation scheme in its London office.
The firm is currently accepting training contract applications from students who are studying or have completed the legal practice course (LPC), with the first cohort of two to three trainees due to start in September 2013.
The first vacation scheme participants will begin their stints in summer 2014 once the firm has hired a recruitment team to drive the full programme.
By 2014 the firm plans to be recruiting four to five trainees a year.
Corporate partner James Warbey, training partner for the London office, will be joined by partners Cathy Marsh and Tom Canning to head up recruitment.
London managing partner Russell Jacobs commented “the firm has previously awarded training contracts to paralegals, so taking trainees is not entirely new” but the firm would be looking for “exceptional people and our entry requirements will be quite high – applicants will need either a first or strong 2.1 from a good university.”
Candidates will be given a legal reasoning test as part of the application procedure and salaries for the new trainnees will be competitive market rates “in order to attract the best”.
The news comes after fellow US firm Gibson Dunn & Crutcher announed plans to launch a training programme and summer vacation scheme for its London office. (31 October 2012)