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Ashurst joins City firms in boosting financial support for future trainees doing the LPC

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5

25% increase to £10k

Ashurst is the latest City firm to increase financial support for future trainees undertaking the Legal Practice Course (LPC).

Until recently the silver circle outfit provided £8,000 in maintenance to its future rookies during the LPC or LLM LPC, as well as a £2,000 interest-free loan. It has now increased this sum to £10,000, an uplift of 25%, and retained its interest-free loan offering.

Ashurst’s current trainees study the LPC at The University of Law, but those joining after September 2024 will be required to study Ashurst’s LLM LPC which prepares students to sit the Solicitors Qualifying Exam.

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The uplift comes just days after Legal Cheek revealed magic circle duo Freshfields and Slaughter and May had raised their respective maintenance grants by a quarter to £12,500. Clifford Chance, meanwhile, dished out the same increase last month.

Earlier this year, Ashurst boosted its base salary for newly-qualified (NQ) lawyers from £90,000 to £105,000, a healthy rise of 17%.

The firm, which takes on around 40 trainees each year, scored an 85% spring trainee retention rate.

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5 Comments

LPC (London’s Poor Community) Student

Simmons pay £7.5k for GDL and £9k for LPC. Absolutely pathetic in my opinion and should at least raise to £10k even which imo is not enough to live in London tbh. Any idea on how we can ask GR for a bump?

(18)(0)

On the Dole Line

Still not enough

(4)(0)

Big boy

Cant believe there are firms still paying 7.5k for a 9 month course

(16)(0)

broke boi energy

so they only paid £8k until now?

just how badly is Ashurst doing lol

(7)(0)

DWF is ace!

Apparently, DWF only pays a basic amount of maintenance grants as long as the future trainees sign a waiver to agree:

1) they will not tell ANYONE about the amount provided (because it is so meagre)
2) they will stay at DWF forever (living hell)
3) they will flirt with mega US law firms in the hope they will one day merge with DWF and give it “the recognition it deserves”
4) this is not a joke (DWF Fried Gottlieb Elkins is a genuine ambition)

(2)(0)

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