I have heard quite the opposite - that north west psychologists and employers show preference for trainees who have come out of Lancaster. I am on the programme now and I can say it is very academic (maybe biased due to workload!).
You can pretty much find all the academic work in the Lancaster DClinPsy online handbook, but to break it down, our academic work looks a bit like this:
Assignment on professional issues in clinical psychology
A full systematic literature review, prepared to be submitted to a journal for publication
Placement case report (2 mini reports, 1 huge report) & recorded presentations, live examined
Recorded & examined role play of clinical skills
An independent service-related research project, submitting our proposal to ethics committees, recruitment of participants, analysis, write-up & publication
Continue working on & hand in the 200 page service-related research project in Feb
Another assignment on professional issues in clinical psychology
Placement case report (2 mini reports, 1 huge report) & recorded presentations, live examined again
Begin thesis process straight away
Pure thesis which is a combination of a systematic literature review, research project & reflective paper
We don't have any exams which is great for me (I could never learn through memory), but our workload from the moment the course kicks off is intense. I personally feel that as I have more time to research, consider & formulate my assignments, it encourages more long-term learning on my part and therefore makes our assignments more applicable and more transferable into real world situations. Placement and teaching goes on top of these too. We are encouraged to publish a lot of our work, present at local, national & world conferences, and Lancaster hosts in-house conferences where all stakeholders are invited to.
Generally, I do feel that Lancaster prepares trainees to become clinical psychologists who are curious, integrative and extremely reflective. I have also heard that we are well-rounded with practical experience of a range of therapeutic models (CBT, CAT, psychodynamic, SFBT, ACT, CFT, behavioural models, systemic family therapy, narrative therapy are all the models I've had experience of so far). So we are a bit of everything
and at my turn to apply for qualified posts I wouldn't be worried about employers showing preference to trainees from other courses, because I know for sure that our value base and reflexive skills have been developed and strengthened since day 1 of training.
Hope this helps!