The concern among law students that times are getting tougher can now be validated by statistics showing across-the-board reductions in vacation clerk intakes at major Australian law firms.
Our friends at the AFR published the following insightful statistics on 4/09 showing the number of law students each firm will be offering vacation clerkships this year and next.:
Full Year 2009
- Allens Arthur Robinson (206)
- Baker & McKenzie (45)
- Blake Dawson (185)
- Clayton Utz (147)
- Corrs Chambers Westgarth (66)
- Deacons (47)
- DLA Phillips Fox (77)
- Freehills (190)
- Mallesons (248)
- Minter Ellison (n/a)
Full Year 2010
- Allens Arthur Robinson (200)
- Baker & McKenzie (40-45)
- Blake Dawson (185)
- Clayton Utz (118)
- Corrs Chambers Westgarth (n/a)
- Deacons (42)
- DLA Phillips Fox (62)
- Freehills (140-160)
- Mallesons (n/a)
- Minter Ellison (n/a)
These statistics reveal a 20% reduction in the Clayton Utz intake; a 20% reduction in the DLA Phillips Fox intake; and a 22% (approx) reduction in the Freehills intake. In that order, these firms reported growth of +5%, +2.7 and +0.2%, and reduced their employee headcount by -1.2%, 13.9% and -2.1% last financial year.
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