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Freehills, Corrs Set to Push Grads Out of the Office in Landmark Deal
Posted by The Spy | Posted in Boston Consulting Group, Corrs Chambers Westgarth, Firm Gossip, Freehills | Posted on 24-04-2009
In the aftermath of a pay-freeze which the Freehills partnership has confirmed will last well into the future, and following Corrs’ ‘innovative’ measures to avoid paying excess dollars to underutilised graduates, the two firms have
Teach for Australia takes graduates and gives them accelerated training to teach in public secondary schools for two years.
The scheme is supported by both Freehills and Corrs, as well as Boston Consulting Group, and while the finer points of the partnership are unclear, it appears that graduates in these three firms will be able to participate in the scheme without fear of losing their graduate position once the two-year term concludes.
Not taken in by this apparently charitable act, a Freehills spy suggests that this is nothing more than:
a veiled attempt by the partnership to hedge their bets going forward… A couple in each intake of graduates will no doubt volunteer to teach and the partners will retain a discretion to permit them to do so, giving them an ability to hedge their bets at a time when no one knows what the future holds.
Do you think that Corrs, Freehills and BCG’s ‘partnership’ with Teach For Australia is simply a ruse to hedge their bets for graduate numbers into the future?
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