April 20, 2011
College of Law predicts that legal trainee vacancies will outnumber LPC graduates
The College of Law is urging the legal profession to try harder to attract bright new candidates as it is predicting that the legal vacancies will soon outnumber LPC graduates.
The College is warning the profession that it needs to make more of an effort to attract bright students into law to avoid a looming talent shortage - which could occur as soon as this year!
This prediction comes at a time when sections of the legal profession are focusing their efforts on warning potential students about the risks of considering a career in law due to the shrinking number of training contracts.
Professor Nigel Savage, the College of Law’s Chief Executive, says, “It is worrying that the number of LPC graduates appears to be falling at a faster rate than trainee vacancies. It is vital that we encourage the brightest and best students into law and ensure that we don’t lose talent to other professions.”
Stephen Parish, Group Chairman of leading international law firm Norton Rose LLP, says, “It is of great concern that the number of high quality potential trainee solicitors appears to be shrinking. The market for such people is picking up again and, as major firms of solicitors continue to grow their practices overseas, there will be a continuing demand for English qualified lawyers to resource offices in many of these locations.”
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Content added on 20th April 2011.