The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Olswang has cut its trainee solicitor numbers by 50 per cent for 2014 and 2015 after cancelling its 2013 graduate recruitment programme in a shock move earlier this year.
Following the revival of its recruitment drive, the top 20 law firm has dropped the number of trainees it takes on annually from 24 to 12.
For its 2014 intake, the firm is also opening up one slot for the Acculaw pilot scheme, a business that will recruit its own trainees and second them to firms (20 September 2011).
A spokesperson for Olswang said: “Along with our competitors, we’ve seen a change in client demands and this has resulted in a change in our resourcing requirements, particularly at trainee level.
“We want to ensure that our trainees get consistently excellent experience and on-the-job training during their training contracts, in addition to the required formal training, and we feel that a smaller trainee body will allow us to ensure this consistently as the legal market continues to change.”
Elsewhere, the firm’s formal vacation scheme will be open to first-year law student applications for the first time after the programme was suspended in February (8 February 2011).
The programme was traditionally aimed at penultimate year law students and final year non-law students.
“We’ve always received a high level of interest from first year law students wanting to undertake work experience at the firm,” the spokesperson added. “We’ll therefore be offering placements to first year law students during the first week of our spring and summer work placement schemes in 2012.”