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.
This week the question of whether or not the compulsory minimum salary for trainees remains will be debated by the Law Society's council.
It is an issue which the profession should take a positive interest in and support trainees, otherwise it will find itself in the position that only those who can afford to subsidise their income will be able to practice law.
I know that some partners in my firm would certainly not pay trainees anything like a decent salary if it was left up to them. It is not because they could not afford it, it is simply that they do not see why they should.
It is just as well that the issue is in the hands of the Law Society. If a decision is taken by the council on behalf of the profession, this removes it from individual firms which, in the end, can only be a good thing.