Government data reveals vast pay gap among LLB holders
New research has revealed that University of Oxford law graduates are earning an average salary of £61,500, firing them to the top of the law school earnings table.
The government statistics show that those who studied at Oxford take home, on average, £61,500 five years post-graduation. Hot on their tails are law graduates from the University of Cambridge, who earn a median salary of £54,500 — a full £7,000 less than their Oxbridge rivals.
Rounding off the podium positions is the London School of Economics, from which law grads pocket around £47,500 at the same point in their careers.
But there are a few surprises in the department of education research. The stats — which focus on students who graduated between 2008 and 2009 — suggest that law students who studied at the Open University (£30,000) go on to earn more than those who studied at the University of Leeds (£27,000) and the University of Liverpool (£24,500), both of which are Russell Group members.
Sitting at the foot of the table is the University of Bradford. The data shows that five years post-graduation Bradford’s alumni take home a median salary of just £17,500. Emphasising the vast earnings gap among law graduates, that equates to a whopping £44,000 less than their Oxford counterparts.
Sitting just above Bradford is the University of Bedfordshire (£18,000), the University of Derby (£18,500), and the University of Wolverhampton (£19,500).
The results in full
|UNIVERSITY||AVERAGE LAW GRAD PAY FIVE YEARS AFTER GRADUATING|
|King’s College London||£37,000|
|Liverpool John Moores||£21,500|
|London South Bank||£21,000|