The University of Law launches partnership with Bank of England

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The University of Law (ULaw) has announced the launch of a new Trainee Solicitor Development Programme in partnership with the Bank of England.

The new programme offers law graduates the chance to join the UK’s central bank’s legal team to kickstart their career at the heart of the UK financial sector. Using an earn-as-you-learn system, trainee solicitors will join the Bank of England’s legal directorate and work alongside world-class specialists in law, economics, supervision, policymaking, risk and finance.

These trainees will also complete the Solicitors Qualifying Exam (SQE) apprenticeship programme at ULaw from autumn 2023. The SQE apprenticeship programme includes preparation for SQE1 and SQE2, as well as additional modules in relevant practice areas, the business of law, and technology and innovation. It will be studied on a part-time basis, with regular time set aside for studying each week.

The partnership builds on the Bank of England and ULaw’s existing relationship and offers an innovative and creative approach to the introduction of the SQE and apprenticeships. Each trainee will have support from an expert coach who can offer guidance throughout the process.

The Bank of England’s Sonya Branch (general counsel) has said the bank is “delighted” to be launching the new trainee solicitor programme. Branch added: “If you value diverse ideas, open debate in inclusive teams working with a strong public sector ethos, and finding creative solutions to novel issues, we would be delighted to hear from you!”

Morette Jackson, director of business development at ULaw, said: “We are delighted to be working with the Bank of England to support their early talent at the start of their legal careers and their individual journeys to becoming technically excellent lawyers with the right mindset, knowledge and skills to truly make a difference.”