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Clifford Chance to slash 2015 trainee intake

Before I start let me say I work in a large law firm but not Clifford Chance. Before anyone critises this action just think it costs at least £150,000 to get a trainee to a newly qualified lawyer. At the moment all law firms have lawyers with spare capacity. Put these two facts together and they either don't need some of their newly qualifieds/associates or they don't need all their trainees. We've just heard from George Osborne that austerity is going to continue into 2018. Therefore proper headcount planning for any law firm is essential. But also note - what can be said of newly qualified/associates can also be said of partners.

6-Dec-2012

9:43 am