The bank is set to take on its first trainee in March next year, subject to Law Society approval.
The two-year training scheme will involve a corporate seat, a wholesale banking transactional seat and a contentious seat with one of Standard Chartered’s advisers, which include main corporate counsel Slaughter and May and fellow City giants Allen & Overy, Lovells, Linklaters and Clifford Chance, which feature on the bank’s international roster.
Trainees will also potentially have the opportunity to work in one of Standard Chartered’s overseas offices in the final year of the scheme.
The move, which is being led by the bank’s head of legal and compliance, Susan Adams, is a response to the increasingly competitive recruitment market.
Commenting on the move,
Standard Chartered has a 100-strong legal team worldwide and boasts annual revenues of over $13bn (£6.3bn).