Clydes launches Hong Kong trainee swap

Clyde & Co is launching a trainee swap between Hong Kong and London, following its drive to increase recruitment in the US and Middle East.

The top ten firm will start the swap this September, sending one London trainee to its Hong Kong office, and vice-versa, for six months.

Clyde and Co has also cemented its plans for its Dubai and US trainee secondments. The firm set out its plan to focus on an internationally-sourced trainee intake last month and Lawyer 2B revealed Clydes’ expansion of seats in Dubai and its launch of a seat in the US.

It is now known that there will be six seats in Dubai, one in Abu Dhabi and one in Dar es Salaam. The US seat will be located in San Fransisco while the firm is also placing a trainee fluent in Portuguese in Rio de Janeiro for six months.

Charlie Keeling, Clydes global human resources director, said: “As part of our continuing international expansion we are extending the number of non-UK training seats to now include one seat every six months in our Hong Kong office, with a Hong Kong trainee coming to London too.”

Clydes’ turnover rose by 17 per cent at the 2012/13 year end to £336.3m (11 June 2013).

Profits per equity partner (PEP) rose by just over 5 per cent to £580,000, just above the £550,000 predicted by chief executive Peter Hasson last year.

Hasson said of Clydes’ international growth: “Despite ongoing global economic challenges, revenue growth across our network has been steady with solid performance in the US, Middle East and Asia.”

During 2012 and 2013, the firm continued to expand globally with office openings in Australia, Libya, Beijing and Spain (16 April 2013).