On prime of normal £10k upkeep help
Worldwide regulation agency Baker McKenzie has established a brand new ‘Baker Increase grant’ to assist help future trainees experiencing financial difficulties.
The grant provides an extra £4,000 to these finding out the Authorized Follow Course (LPC), and comes on prime of the £10,000 in upkeep already supplied as normal by the agency.
Bakers’ future rookies can be eligible to apply for the additional money three months prior to beginning the LPC, up to their coaching contract begin date.
The agency, which recruits round 33 trainees yearly, says the transfer is “part of its ongoing commitment to improving social mobility within the profession and increasing the diversity of candidates undertaking its training contracts”.
Bakers’ future trainees presently examine the accelerated LPC at BPP College Regulation College. Nevertheless, from September 2023 they may be a part of the Solicitors Qualifying Examination pathway and full a prep course with BARBRI.
As well as to the brand new grant, Bakers will present an extra laptop computer bursary price £750 to these finding out the Graduate Diploma in Regulation or LPC. That is in addition to the usual upkeep and increase grants.
The additional money can be utilized to cowl the price of new laptop computer, extra gadgets reminiscent of mouse and keyboard in addition to WiFi connection and boosters. Future rookies who fail to cross the LPC is not going to be required to pay again their grants.
Baker McKenzie’s London graduate recruitment & improvement supervisor, Nicola Willden, mentioned:
“As a firm we recognise that the cost of qualifying as a solicitor could present a financial barrier when entering the profession. We hope that by offering this additional financial support through the Baker Boost and Laptop grants we can support more people to enter the profession who may not have been able to do due to their financial circumstances.”
The transfer comes simply 48-hours after Authorized Cheek revealed that Hogan Lovells had elevated its LPC upkeep grant by 25%, from £10,000 to £12,500. This adopted comparable uplifts by the likes of Ashurst, Clifford Likelihood, Freshfields, Herbert Smith Freehills and Slaughter and Could.