Hope for law graduates in economic downturn
Date: 20 February 2009
Issue: Vol 159, Issue 7357
Categories: News, Employment, Profession, Training & education
Profession
Graduates jobs in law are expected to grow by 2% in 2009. Research by the Association of Graduate Recruiters (AGR) and published last week uncovered favourable conditions for law graduates. In 2008 law firms maintained the top spot with a median salary of £37,000, while investment banks remained static at £35,000, and business and financial services at £28,000.
Overall, the survey reveals UK graduate vacancies will fall this year for the first time since 2003, with a predicted drop of 5.4%. This year’s median starting salary is stuck at last year’s figure of £25,000. AGR says the results are “not as severe” as they could have been.
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