Cultivating counsel - the new mentoring scheme offering valuable experience for would-be lawyers
It is unsurprising at a time when most organisations are tightening their belts that many law firms and in-house legal teams are taking a close look at their training commitments and conducting a cost-benefit analysis to decide whether such initiatives are sustainable. According to Legal Week research in October last year, the overall availability of training contracts in the market has shrunk by 11% over the last three years, with the top 30 firms receiving an average of 35 applications for every place. At Co-operative Financial Services (CFS), our cautious approach during the downturn has enabled us to continue focusing on important strategic social and community goals, including our legal team's support for would-be lawyers, particularly at a time when they most need it. We continue to commit to initiatives including BPP Law School's Access to Practice Scheme (APS) and offer two training contracts every two years, most recently in September 2010.
Mark Broadhead of Co-operative Financial Services explains how BPP’s Access to Practice Scheme has benefited his company
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