Citigroup Global Wealth Management has launched a pioneering lawyer recruitment program that will place lawyers hired and employed by Citigroup at one of three law firms during their first two years as attorneys.

Each side hopes to gain something from the arrangement: The firms want stronger ties with client Citigroup, while Citigroup needs a pipeline of trained junior lawyers. Citigroup will select three to six law students to spend part of their 2007 summer associate program at the New York office of one of three law firms and their first two years as attorneys at the same firm. The lawyers will spend most of their time on Citigroup matters while working at Bingham McCutchen; Cleary Gottlieb Steen & Hamilton; or Paul, Weiss, Rifkind, Wharton & Garrison.

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