Baker & McKenzie has become the latest law firm to ask its incoming trainees to postpone their start date by up to a year.
The firm’s London arm has asked for volunteers from its 2009 and 2010 intakes to defer starting their training contracts by either six or 12 months.
Those willing to defer for 12 months have been offered a financial incentive of £5,000 ($7,160). There is no incentive offered to trainees electing to postpone for six months.
The next intake of 18 trainees starting in March 2009 is unaffected by the move. September’s projected intake is 21.
Bakers, which this year made 20 UK legal stuff redundant, said that it has no plans to force trainees to defer if there are not enough volunteers.
Baker & McKenzie was founded in Chicago in 1949 by Russell Baker and John McKenzie. One of the first law firms to be truly global, it employs more than 3,900 lawyers in more than 70 offices in 38 different countries.