Cleary Gottlieb Steen & Hamilton will offer its UK-based trainees an overseas seat as part of a trainee recruitment overhaul.
London trainees at the New York-headquartered firm will have the opportunity to spend one seat in the firms New York, Hong Kong, Moscow, Paris or Brussels offices.
The programme is currently being piloted, with one trainee now in Brussels and one leaving for Paris next month.
Graduate recruitment partner Shaun Goodman told Lawyer2B.com: “We see this as something very attractive to trainees. But this is also the way this firm works in London we work daily with our lawyers in overseas offices.
”The move is part of a wider recruitment strategy by Cleary, whose first-seat trainees earn 40,000. The firm is taking on 10 graduates in September, up from six this year.
”It reflects the maturity of our firm in London. As our presence has grown, so has our ability to attract top-quality undergraduates. It therefore makes sense for us to focus on growing the firm from the bottom up rather than concentrating on lateral hiring,” said Goodman.
Cleary is the latest US firm to increase its trainee numbers. Other firms boosting trainees in London include Paul Hastings Janofsky & Walker.
Cleary offers one of the most generous packages in the City, with newly qualifieds earning a whopping £92,000 in base salary. Once a bonus is factored in, many take home £100,000 a year.