The Lawyer’s new China Elite report contains the most detailed research available on the PRC legal market and contains unparalleled insight into the country's leading law firms. They vary in size, practice focus and geographic coverage, but they all share one common quality – ambition... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Ashurst has become the highest paying City firm for students, increasing its trainee maitenance grants to £7,500 for both Legal Practice Course (LPC) and Graduate Diploma in Law (GDL) students.
The move, which will come into effect from 1 September, will see Ashurst award its LPC and GDL students £7,500, regardless of where they live in the UK.
Ashurst training principal and finance partner Nick Avery told The Lawyer the firm decided it would not distinguish between LPC or GDL students or location.
“Just because you’re a GDL student, doesn’t mean you eat less,” he said. “We sat down and came up with a number we thought was appropriate. We decided not to distinguish on location either. Our research shows that many of the students living in London live with their parents.”
“We want students to come to us because they want to work for Ashurst and not because they’re getting an extra £500, but we also want to attract the right people.”
Ashurst reviewed its maintenance grants after a number of announcements made last year that firms were going to raise their grants.