The average female lawyer is paid £51,396 less per year than the average male lawyer, according to a new survey. It's worth bearing in mind, though, that the survey – by legal recruiter Laurence Simons – is of just 988 predominantly fairly senior UK lawyers; 63% of which work in-house and 37% in private practice. A full... Read more »
"If you want my first name to be 'Bob’s Supermarket' and my last name to be '.com' I'm cool with that," writes debt-ridden ex-law student Jason Madsen on eBay. Madsen (pictured below) quit law school in the US after just a year having been denied an extension of the loan funding his studies, leaving him... Read more »
In October we reported on a US law graduate’s bid to pay off his massive debts via an appeal on crowdfunding platform Indiegogo. The deadline for the 'Save Nick' campaign expired over the weekend. So how much did Nick Freilich (pictured below) raise?
Between them, former Simmons & Simmons associate Anna Kavanagh and her ex-husband, Holman Fenwick Willan partner Giles Kavanagh, spent almost everything they owned on a bitter dispute over the custody of their children – a story reported widely in September. Yesterday Anna told her side of the story to The Sunday Times (£). It made... Read more »
Legal Cheek has obtained records that show the names of 15 law firms which have failed to pay a junior criminal barrister a combined £4,931.82 in fees. The barrister in question has been chasing the money for four years. So we decided to see if the threat of being named and shamed on Legal Cheek... Read more »
First, the good news: British lawyers pull in more cash than their counterparts in economic powerhouses Mexico, Italy and South Africa. Now the bad news: our solicitors and barristers earn less than lawyers in the US, the United Arab Emirates, Canada, Germany, France and China. It gets worse. While British lawyers’ average salary of £50,... Read more »
Spotted on a robing room noticeboard...
Paralegal Tony, a part-time LPC student and paralegal at a City law firm, says that shrewd graduates can fund themselves on their journey to becoming lawyers Doing anything is better than doing nothing On graduating with an LLB in law with French law and French language in 2011, I took the first job available to... Read more »
The number of partners retiring has fallen by a third in the last 15 years, leaving rookie lawyers frustrated by a lack of career progression, new research has found. The problem – which has left one in three private practice lawyers of the view that their careers are being stifled – has been augmented by... Read more »
On Saturday, I received this private message on Twitter.
Three weeks on from the scrapping of the trainee minimum wage and the decision looks more ill-thought through than ever, argues Oxford University Bachelor of Civil Laws (BCL) student Richard Ridyard The thousands of LPC graduates without a training contract have choked off the arteries of confidence in the legal graduate market. We find ourselves... Read more »
EXCLUSIVE: In March, Legal Cheek published a story about a firm that was asking law graduates to self-fund a very expensive paralegal course in order to be considered for a training contract with them. I decided it was too risky to publish the name of the firm in question without any written evidence of the... Read more »
There's a growing consensus that junior corporate lawyers are overpaid, with a recent (paywalled) survey by Legal Week finding that 54% of partners at the big corporate firms believe associates earn too much. In case you weren’t aware, a newly qualified (NQ) solicitor at a mid-tier City law firm earns around £60,000. At the other... Read more »
You heard it here first, a full hour before any other publication, and it’s now been confirmed that the Solicitors Regulation Authority (SRA) has scrapped the minimum wage for trainee solicitors. The good news for current LPC students is that, firstly, the change won’t come into force until August 2014, and, secondly, trainees will still... Read more »
“Can she legitimately claim to be left-wing when she’s married to a banker,” I found myself wondering the other day as I listened to a legal aid lawyer tell me of her horror at the impending funding cuts. Certainly, she enjoys the benefits of her husband’s fat salary. And it was bankers, let’s not forget,... Read more »
"What first attracted you to short, balding millionaire Paul Daniels?" Mrs Merton once memorably asked the dancer Debbie McGee. Similar questions are being put to Anna Chapman (pictured left), the glamorous 30-year old Russian arrested for espionage in 2010, after it emerged that she was romantically involved with the rather less glamorous John Altorelli (pictured... Read more »
This morning it emerged that Kim Kardashian is looking to go out with a lawyer. Having broken up with basketball star Kris Humphries after just 72 days of marriage last October, socialite Kardashian, 31, is ready to move on. "[I'm looking for] a lawyer or businessman. Something different," she told Female First. I wasn't surprised... Read more »
Trainee solicitors could be re-classified as apprentices – and see their salaries tumble to just £5,408 a year as a result – after a new development in the debate about getting rid of the minimum salary that safeguards their pay. The news comes after the Solicitors Regulation Authority (SRA) ammended its proposals for a new... Read more »
The congratulations email received by today’s new QCs comes with...a bill for £4,200 (inclusive of VAT), plus a £215 ‘Letters Patent Fee’, taking the total sum payable by the legal hotshots to a cool £4,415. And when’s it due? ‘Immediately'. A copy of the email is below.
Ryanair’s commitment to cheapness extends to its in-house lawyers, it has emerged. In a spat with an Irish airline regulator, the airline’s chief executive Michael O’Leary (pictured) proudly revealed that he pays “fully qualified accountants, economists and lawyers less than €50,000 (£42,000) each.” O’Leary’s pay package – £1.3m in 2010 according to The Sunday Times... Read more »
‘Pupils contribute nothing to chambers during their pupillage’, writes Simon Myerson QC, so paying them more than the £12K minimum makes no sense I like Legal Cheek and I like Alex Aldridge who runs it. Nonetheless, it has recently gone all tabloid on the issue of funding for pupillages, and I have told Alex so.... Read more »
Andrew Jackson, a barrister at 5 Pump Court Chambers, has come up with a compelling proposal to raise the measly £12K minimum pupillage award I simply do not accept the fake hand-wringing about pupillage pay. "I wish we could pay our pupils more – they certainly deserve it!" is the typical barristers’ response when this... Read more »
Earlier this week, law student David Woodall set out some etiquette for asking lawyers for work experience on Twitter. Podcast co-host Kevin Poulter, an employment lawyer at Bircham Dyson Bell, and Barbara Hamilton-Bruce, director of legal operations at the Accident Advice Helpline, like David’s style – but advise students against moving in for the kill... Read more »
It’s often forgotten that City lawyers get bonuses. But a survey released today shows average bonuses at the top corporate law firms stand at a whopping £35,500. That equates to 32% of salary – up from 25% last year. In a climate where resentment against bankers’ bonus culture abounds, this is the sort of data... Read more »
Working as an in-house lawyer in a company is seen as one of the less glamorous legal gigs out there – albeit usually offering an easier life than a position in a law firm. The money also tends to be less. But according to a newly-released survey, the rewards are still pretty good. Research by... Read more »