header-logo header-logo

Hope for law graduates in economic downturn

19 February 2009
Issue: 7357 / Categories: Legal News , Training & education , Profession , Employment
printer mail-detail

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.

MOVERS & SHAKERS

Muckle LLP—Rachael Chapman

Muckle LLP—Rachael Chapman

Sports, education and charities practice welcomes senior associate

Ellisons—Carla Jones

Ellisons—Carla Jones

Partner and head of commercial litigation joins in Chelmsford

Freeths—Louise Mahon

Freeths—Louise Mahon

Firm strengthens Glasgow corporate practice with partner hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
back-to-top-scroll