Hogan Lovells trainees will attend an internal business school as soon as they begin their training contracts, the firm has announced.
The firm’s spring intake will be the first to go through the scheme, which will see trainees work with and advise Hogan Lovells’ social enterprise clients.
The Business and Social Enterprise (BaSE) programme is being run in association with clients UnLtd and Ashoka and aims to teach trainees about non-legal business topics such as compliance, equity and debt financing, revenue streams and risk.
Trainees will learn to advise businesses and identify legal risks and be tasked with providing a small business with advice during a half-day supervised workshop.
Project lead and corporate partner Nicola Evans said: “This course will provide our lawyers with an understanding of business fundamentals and the importance of social impact to the way our clients do business.
“This is an understanding which our lawyers can then carry with them throughout their career. It will produce lawyers who are confident and entrepreneurial, who understand the importance of client relationships, and who understand that commerciality, social impact and economic return go hand-in-hand.”