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Hope for law graduates in economic downturn

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

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
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