KLegal offers trainees cash to defer

Klegal has asked 30 of its trainees in London and Scotland to defer their 2003 training contracts for a year in return for a £2,500 pay-off.

According to a spokesman for the accountancy-tied firm, names were drawn out of a hat because it was “the fairest way to make the decision” between who was to stay and who was to go.

This is the second time in a matter of months that the accountancy-tied firm has slashed its future trainee intake. As The Lawyer revealed in July, KLegal offered around half of its 2002 trainee intake a £10,000 lump sum if they deferred their start dates for 12 months. KLegal claims the 2003 trainees have been offered a smaller package than their 2002 counterparts because they have been given a whole year&#39s notice.

The spokesman said that both sets of cutbacks are linked to current market factors and KLegal&#39s recent merger with McGrigor Donald. “We&#39re spreading two years intake over three years to realign our intake,” he said. “There&#39s no point in taking on more people than we have work for, but we&#39re still committed to taking them on in a year&#39s time.”