header-logo header-logo

10 May 2007
Issue: 7272 / Categories: Legal News , Profession , Employment
printer mail-detail

Law students ready for hard slog

Almost half (47%) of law students plan to opt out of the Working Time Directive to allow them to work more than 50 hours a week, according to new research.

The Sweet & Maxwell survey shows that only 13% of law students expect to work less than 39 hours a week, with 5% ready to work “as many hours as necessary”.

The study also reveals that 27% of law students expect to earn more than £31,000 on qualification, indicating that many could be disappointed by their starting salary. The average salary for a trainee solicitor is £20,925, with a minimum salary of £17,110 for inner London and £15,332 for the rest of England and Wales.

Forty-two percent of students expect their peak earnings to top £70,000 and 3% believe they will earn an annual income of over £500,000 at some point during their career. The average annual salary for a lawyer is £51,463.
Only 7% see themselves making partner within 10 years, with 16% seeing themselves as senior solicitors working towards a partnership

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Walkers—Muriel Marseille

Walkers—Muriel Marseille

Ashurst's Chief Risk Officer joins Walkers

Excello Law—John Osborne

Excello Law—John Osborne

Northern family lawyer John Osborne joins Excello

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths

Trio of promotions announced at Kidderminster law firm mfg Solicitors

NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
back-to-top-scroll