Linklaters‘ derivatives head Simon Firth said the scheme was launched to make use of “surplus capacity” while there was a reduced amount of work in the office. He added: “The other thing to do would be to reduce numbers, but that’s not really an option for us.”
The firm asked key clients to take on a trainee for a six-month period. “We asked our trainees to volunteer to go and most of them jumped at the chance. From the trainees’ perspective it has been successful. It is also a good opportunity for us to make an investment in our clients,” said Firth.