Large 4 participant embraces solicitor coaching shake-up
Accountancy large KPMG is to launch a coaching contract programme particularly designed for the Solicitors Qualifying Examination (SQE).
The Large 4 participant’s authorized arm will provide a brand new 27-month route into the career that sees rookies full SQE1 and SQE2. The super-exam comes into power from 1 September 2021 after it (lastly) obtained the green light to go ahead from the Legal Services Board last month. It can change the Authorized Follow Course.
KPMG says trainees will rotate via numerous seats, with these based mostly within the North given the extra alternative to relocate to London for as much as 12 months to “guarantee a breadth of expertise and to construct vital networks”. It has teamed up with BPP Regulation College to construct the brand new programme.
Nick Roome, companion and head of KPMG Regulation within the UK, stated:
“Folks and their expertise are our best asset, so our future success is determined by our capability to draw, practice, retain and put money into gifted colleagues. This qualification programme will underpin our progress plans as we proceed to construct a formidable authorized service providing that’s completely built-in inside our wider tax, deal advisory and consulting practices.”
He continued: “The SQE scheme has been created to suit round our college students’ lives and empower them to grow to be totally rounded legal professionals with an excellent unfold of expertise. In a quick altering and more and more advanced world, that variety and breadth of considering is what we’re searching for so we are able to present the absolute best service to our shoppers.”
KPMG has beforehand set its sights on coaching legal professionals, with Legal Cheek reporting in 2015 that it was offering an undisclosed number of TC spots. Consumption below the brand new programme “will likely be flexed to mirror market demand and progress within the enterprise” whereas remuneration “will likely be in-line with the market”.
KPMG isn’t the primary Large 4 bean counter to go public with its super-exam plans. Final yr Deloitte launched its own three-year-long training contract that can see its first cohort of would-be legal professionals qualify below the SQE regime in 2023.