CoL gives £300k to flagship charity in same year CEO earns £440k
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College of Law’s chief executive Nigel Savage earned a greater sum in its last financial year than the course provider donated to its flagship diversity scheme, The Lawyer can reveal.
Nigel Savage
The registered charity donated £300,000 in 2010 to its much-publicised Pathways to Law Programme, which was launched in 2006 with the aim of getting students from less well-off backgrounds into the legal profession.
During the same period, Savage pocketed a salary of £440,000 - the second year in a row he has received such a significant remuneration package.
David Yates, chairman of governors at CoL, said in a statement: “Our accounts confirm the remuneration of all staff earning in excess of £60,000. As in other organisations, the chief executive and deputy chief executive are at the top of this scale. Their fixed salaries have remained stable this year and they’ve also received the second payment of a long-term incentive scheme announced last year, having met specific, independently set performance targets.”
In addition to the £300,000 contributed to the Pathways scheme CoL’s other charitable activities added up to £1.7m, of which £850,000 was paid to the college’s careers service and £550,000 was spent on pro bono activities. The remaining amount was given to CoL’s research arm, which last month published research warning of a shortfall of Legal Practice Course students.
CoL said that its donations to Pathways, which is run in conjunction with the Sutton Trust, are expected to increase going forward, with £500,000 ear marked for the 2011 academic year and the £670,000 in 2012.
CoL’s turnover last year was £72m.
Savage declined to comment.
Readers' comments (8)
Anonymous | 27-May-2011 6:30 pm
"CoL’s other charitable activities added up to £1.7m"
Shouldn't their other charitable activities add up to rather more, given that they are, y'know, a charity?
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Marshall Hall KC | 27-May-2011 7:54 pm
"the research arm" trousered a few hundred thousand squid - to er....research why there should be even more bright-eyed bunnies signing up to pursue the CoL's exams.
I am sure Mr Savage is worth every penny of his squillions...nearly 4x the Prime Ministers salary seems a cheap price to pay for someone of his vast abilities.
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CoL student | 28-May-2011 3:01 pm
Shouldn't more be spent on reforming legal education and practice than widening a floodgate of students into law?
The law society must think hard as to the role of LPC providers, in particular, its aim and objective. After all, CoL's i-tutorial is, in my opinion, the begining of the end.
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asdfdsf | 28-May-2011 3:03 pm
"Education, education, education"
Not money, money, money.
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Tom | 29-May-2011 1:09 pm
"Savage declined to comment" ... a hopeful precedent
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Anonymous | 29-May-2011 3:14 pm
Given the growth of the CoL under the leadership of Savage I’m sure that he is a good senior manager. However, he and the Board of the College must realise that this level of pay is an embarrassment in the current economic climate with students struggling to pay CoL fees and often gambling that they will eventually find a training contract. The College is a complex organisation, but with under 1000 staff is small compared with many universities, yet Savage is paid well above the level of most university vice-chancellors, including those of world leaders such as Oxford and Cambridge and well above the pay scales of the heads of other charities. Come on Prof Savage, either step down gracefully (you must have a decent savings pot by now) or take a dramatic and public cut in pay – 50% would put you in the right ball-park for university VCs.
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Anonymous | 31-May-2011 7:22 am
Why is £850,000 related to the careers service classed as charitable activity?
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Anonymous | 31-May-2011 9:57 am
How does Savage feel about that when he is making a shed load of people redundant at the same time? Nice one.
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