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Herbert Smith Freehills becomes latest firm to boost LPC grant to £10,000

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Global law firm matches five-figure sum awarded by magic circle outfits

Herbert Smith Freehills (HSF) has upped its Legal Practice Course (LPC) maintenance grant from £7,000 to £10,000. The uplift comes into effect from September.

The decision to increase the grant was driven by a recognition of rising living costs in London, the firm said, and also its commitment to supporting future trainees during their seven-month accelerated LPCs. HSF — which offers approximately 60 training contracts each year — also fully funds LPC fees.

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Mark Bardell, graduate recruitment partner at HSF, said:

“Herbert Smith Freehills is deeply committed to providing exceptional training and support for our future trainees, including ensuring they have the necessary financial means to achieve every success in their studies.”

This news comes after Legal Cheek exclusively reported in January that Clifford Chance and Freshfields had boosted their LPC grants by 43% to £10,000. Not to be outdone, Linklaters and Slaughter and May quickly followed suit a month later and confirmed that it too will offer the five-figure sum. Allen & Overy completed the circle when it became the last of the magic five to up maintenance grants in February. The quintet cover LPC fees, too.

The last major round of maintenance grant boosts was back in 2013, when Linklaters led the way in increasing them from £5,000 to £7,000.

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13 Comments

Anonymous

Miss them days when you could survive on £5,000 in london for 7 months

(13)(0)

Anonymous

Come on hogan lovells!!

(12)(0)

Anonymous

Don’t forget NRF too. Three of the five firms who put their trainees through the accelerated LPC have upped their grants. Will the other two follow suit now that they’re a minority?

(9)(0)

Anonymous

Yep totally agree! How can 7k be enough for some students and not others on the same LPC?!

(6)(0)

Anonymous

Lovells now have! Watching NRF now…

(2)(0)

Anonymous

Makes firms like Ashurst, which run full-length bespoke LPCs, look very tight fisted in offering circa £8,000.

(10)(0)

Future trainee

Legal Cheek, how about an article on how HSF is refusing to pay the new maintenance grant retrospectively to current LPCers, unlike A&O, Slaughters, Freshfields and Links?

(18)(0)

Anonymous

Are current LPC students not getting this? Hogan Lovells current students are, so that seems so unfair!

(6)(0)

Anonymous

Yes, an article on this please!

(0)(0)

Anonymous

Very unfair, and a very vague reason why from HR too! Article on this would be great…

(0)(0)

future trainee at one of these two firms

What’s the better firm HSF or Hogan Lovells? Or is it splitting hairs?

(1)(0)

Anonymous

You must be a HL trainee with (well placed) insecurities about HSF being better.

(4)(3)

Goldman sack

Splitting hairs, HSF will fund gender reassignment and pay a couple of grand more

(0)(0)

Comments are closed.

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