Preparing Students for Tomorrow’s Economy

Kaufhold & Réveillaud, Avocats participates in dayCARE, providing mini-internships in Luxembourg & vocational training in Niger & Laos

On Wednesday, October 25, Kaufhold & Réveillaud, Avocats welcomed three students to its office for the day as part of a wider effort by international non-profit CARE.

The goals of the day-long event, known as dayCARE, are twofold:

• Help alleviate Luxembourg’s present & future human resource challenges by giving students a window into the current business environment
• Provide vocational trainings for midwives in Niger & Laos, where women & children are too often deprived of medical assistance

As a participant in the program since it began in 2014, Kaufhold & Réveillaud, Avocats not only hosted students, giving them an inside look into what it is like to work in a law firm today, but also donated to CARE. The money raised goes toward those trainings in Niger and Laos, in line with the organization’s mission to help empower women and girls around the world.

Each year participation grows, with 300 traineeships in 80 Luxembourgish companies on offer in 2016, topping 2015.
The three young women who spent the day at Kaufhold & Réveillaud, Avocats took an office tour, reviewed casefiles and even visited court. Later in the afternoon, they attended a meeting with the notary and chose to stay past 5pm, when the program was scheduled to end.

DayCARE developed from the challenges presented by the Grand Duchy’s rapidly evolving economy. Innovations in the areas of fintech, healthtech, regtech and beyond reshape recruitment demands on an ongoing basis.

“We appreciate dayCARE’s pragmatic approach to tackling two very real issues in our community and those abroad. Letting students experience life at the firm gives them a clearer idea of what it means to be a lawyer, perhaps shaping their future decisions,” explained Brigitte Czoske, Counsel, Kaufhold & Réveillaud, Avocats.

Students’ conceptions of what it is like to work in a law firm, IT company or startup, for example, are often reflections of what they see on TV or hear from their parents. The first-hand experiences provided through dayCARE give students the chance to ask questions, witness a day in the lives of these professionals and build their networks.

Young people today are preparing for a very different business landscape than the one their parents first entered decades ago. Helping tomorrow’s workforce understand the realities of the country’s innovative landscape can in turn alleviate Luxembourg’s recruitment challenges.

At the moment, filling these gaps hinges largely on foreign talent and, while attracting these experts is important, so is developing the relevant skills at home.

“We’re glad to play a role in helping build a sustainable, innovative economy that will take us into the future,” Czoske concluded.