SJ Berwins finance team will receive a record number of trainees when the firm completes its next seat rotation.
As part of a firm-wide strategy to double the size and turnover of the finance department, 11 trainees will join the team in September for a six-month seat. The team currently takes just seven trainees.
SJ Berwin finance partner Gillian Smith said: Our strategy to double in size and capability is very important to the whole firm. One of the ways we can do this is by increasing the number of associates and trainees we have in the team.
This week (23 July) The Lawyer, Lawyer2B.coms sister publication reported on SJ Berwins plans to increase the size of the team within five years.
Banking partner Jeremy Cross explained that the aim is to put finance on an equal footing with the corporate team, which gains the bulk of the firms work, benefiting from a strong European private equity client base.
Cross said: We have a good range of banking clients, including Royal Bank of Scotland, Lloyds and Barclays and we want our finance team to be just as successful as corporate. Were doing well so far and have made a number of lateral hires and internal promotions. Increasing the number of trainees is another core part of our growth strategy.
This year the team has hired leveraged finance partners Karl Woolley from national firm Addleshaw Goddard in January and Stuart Brinkworth from Scottish giant McGrigors in March.