What percentage of law graduates get training contracts?

What percentage of law graduates get training contracts?

Of the 6,344 placements in 2018-19, the City of London accounted for 30% and Greater London represented almost half of all traineeships at 48.7%.

How much do law training contracts pay in the UK?

Trainee solicitors at a leading law firm in London can expect to be paid £40,000-55,000 per year, and trainees outside of London can expect to be paid £25,000-£35,000 per year.

Do you get paid during training contract law?

Will I get paid? All trainee solicitors receive a salary, but this varies depending on the firm and location. From August 2014, the SRA announced that firms were only required to pay trainees the national minimum wage.

Can I qualify as a solicitor without a training contract?

You can apply for exemption for the period of recognised training. This means that you could qualify as a solicitor without having to do a training contract.

Is it difficult to get a training contract UK?

Looking at numbers alone, you have an 18.3% chance of getting a training contract.

What to do if I cant get a training contract?

Help – I Can’t Get a Training Contract – What Am I Doing Wrong?

1. Check Your Academics.
2. Check Your Work Experience.
3. Check Your Applications Carefully For Grammatical and Spelling Mistakes.
4. Check Your Personal Life.
5. Don’t Panic!
6. Geographical Locations.
7. Don’t Give Up.

How much do trainee solicitors earn in the UK?

Once trainees reach their second year salaries rise to between £51,000 and £52,500. However, it’s the USA-based firms (usually found in London) that pay the most impressive wages. For example, Kirkland & Ellis and White & Case pay first-year trainee solicitors £50,000. These figures rise to £55,000 in the second year.

Can you do LPC and training contract at the same time?

Although, in reality, most large law firms require trainees to have completed the LPC before starting their training contract, it is possible to do your training contract while you complete the LPC.

Can you fail a training contract?

A training contract can be terminated only because of serious misconduct, incapacity or the employer going bust. Training contracts often have a cancellation clause (like failing the GDL or LPC) as well. Instances of trainees being fired are rare.

Can you do LPC without training contract?

Taking the Legal Practice Course (LPC) without already having secured a training contract is a risk that many candidates take every year. For some it pays off, but for others it is a waste of their money. Much will depend on your strengths as an individual.

How do I apply for a law firm training contract?

Before you jump in to applying to law firm training contracts you will need to have a think about what kind of law firm you would like to work for. Factors you’ll need to consider include location, size, range of practice areas (e.g. the type of work a firm specialises in), and salary.

Is it hard to get a training contract in the UK?

It can be a struggle to secure a training contract when there are only roughly 5,500 training contracts available in the UK, and far more LPC students than there are spaces. Thousands miss out every year and have to re-apply the following year. Competition is fierce, so don’t miss out!

Which companies offer in-house training contracts?

Training contracts in the public sector, such as within the Government Legal Department, Crown Prosecution Service, HM Revenue and Customs or within local councils, are relatively common. In commerce and industry, the BBC, BT and Standard Life routinely offer in-house training contracts, but places are more limited.

What is a training contract and how does it work?

As a training contract is the final step before qualification, it is your opportunity to put all your academic knowledge to vocational use. The next two years will be spent getting a practical legal education overseen by experienced mentors. That is why it is important to find the right one for you!