{"id":9218,"date":"2011-11-25T09:46:39","date_gmt":"2011-11-25T04:16:39","guid":{"rendered":"http:\/\/jgudev.in\/cpgls\/?p=9218"},"modified":"2020-07-17T14:20:15","modified_gmt":"2020-07-17T08:50:15","slug":"executive-education-partners-in-law","status":"publish","type":"post","link":"https:\/\/jgu.edu.in\/cpgls\/news\/executive-education-partners-in-law\/","title":{"rendered":"Executive education: Partners in law"},"content":{"rendered":"

Financial Times |<\/p>\n

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The College of Law, like other law schools including BPP and Kaplan, has for several years partnered firms that promise to sponsor students through their year-long Legal Practice Course (LPC), which can cost over \u00a312,000 ($19,000) and which is necessary to become a solicitor in the UK. In return, the school teaches the prospective trainees a customised LPC that includes modules tailored to the firms\u2019 practices, such as their methods of drafting merger documents.<\/p>\n

This tailored course is in addition to the training contract at firms that young lawyers undertake once they finish their studies, and that has traditionally been viewed as the vocational part of a solicitor\u2019s qualifications.<\/p>\n

In the case of the College of Law, Allen & Overy, Clifford Chance and Linklaters \u2013 all members of London\u2019s \u201cmagic circle<\/a>\u201d of elite international firms \u2013 have chosen to put their future trainees through the bespoke course. Freshfields Bruckhaus Deringer, also a member of the magic circle, and Slaughter and May, the UK\u2019s most profitable firm, partner with BPP.<\/p>\n

Across the Atlantic, US firms are beginning to partner with law schools, too. Harvard Law School has developed an eight-day course with Milbank, the Manhattan-headquartered firm, whereby all associates at the firm are sent to Harvard to learn about leadership and management, as well as primers in business and finance law. The process is two-way: Harvard Law School hopes to learn from Milbank associates what was missing in their legal education in an effort to tweak its own curriculum.<\/p>\n

Milbank cites statistics from the After the JD Project \u2013 a Harvard Law School study of the career outcomes of new lawyers \u2013 which found that 74 per cent of graduates in firms with more than 250 staff said they wished they had received more business training in law school.<\/p>\n

That elusive business training is drawing more senior lawyers to Harvard, which offers a week-long leadership course for new partners or those being tipped for management. \u201cI honestly found it the single best piece of training I\u2019ve ever done,\u201d says Stephen Lloyd, who attended the $12,000 course after being promoted to head the corporate team at Ashurst. \u201cIt teaches you what motivates people, and how to manage difficult people and difficult situations.\u201d<\/p>\n

In the UK, the University of Oxford\u2019s Sa\u00efd Business School offers leadership and strategy courses, which have proved popular with firms.<\/p>\n

One such firm is DAC Beachcroft, created this month from the merger of Beachcroft and Davies Arnold Cooper. Partners from both legacy firms attended a meeting at Sa\u00efd to work out how to make their union a happy one, says Simon Hodson, the combined firm\u2019s senior partner. \u201cIt has helped create a platform for the way we will speak about the new firm going forward as well as assisting in understanding our shared values.\u201d<\/p>\n

Beachcroft had previously used Sa\u00efd to impart more commercial nous to its lawyers, teaching them about strategic thinking that they could then take to their clients, Mr Hodson says. This collaboration turned into an official client relationship programme, tailor-made for the firm.<\/p>\n

Firms partnering with schools of either business or law is a trend that is set to continue, according to Hugh Verrier, chairman of White & Case, another US-headquartered firm. \u201cIt will ultimately create a change in the way law is taught at university,\u201d he says.<\/p>\n

His firm has devised a \u00adprogramme with Jindal Global Law School, a private law school in India. Students at the school are offered internships at White & Case, and partners from the firm may go out in the future to teach certain modules, Mr Verrier says.<\/p>\n

\u201cBy virtue of it being private it has a different curriculum; it helps lawyers fit into a global firm,\u201d he says, adding that the programme is very much an acknowledgement by White & Case of the importance of India to the global economy.<\/p>\n

India is missing one part of the jigsaw in terms of law firms\u2019 international presence. Foreign law firms are not allowed to open there and so firms\u2019 work on lucrative Indian deals must be done remotely. Hiring Indian graduates \u2013 who are English-speaking and familiar with a common-law system similar to that in the UK \u2013 is one strategy that firms are undertaking to be able to appeal to Indian clients and also in preparation should the Indian market liberalise.<\/p>\n

It is this army of new lawyers in India and beyond, that may yet shape legal education in the west. For Prof Savage at the College of Law, it is imperative that UK law schools compete at the same level as American ones in order to safeguard the UK\u2019s importance as one of the world\u2019s pre-eminent legal centres.<\/p>\n

\u201cYoung lawyers today who may be qualified in their domestic jurisdiction aspire to become \u2018global lawyers\u2019 and they know that in order to do that it helps to qualify as English or US lawyers,\u201d Prof Savage says. \u201cThey will shop around for the best jobs and for the more accessible of the two global qualifications.\u201d<\/p>\n

For now, he argues that the US system wins because of its accessibility, and unlike the UK, there is no requirement of a training contract in order to become an attorney. Scrapping a training contract and making law school more vocational may seem revolutionary, but an overhaul of the way law is taught may be necessary in order to appeal to the new world order.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n<\/section>\n<\/div>\n<\/section>\n