Compulsory minimum salaries for trainee solicitors could be threatened by a revelation that the move has never had official legal backing. The news, revealed at the Trainee Solicitors Group annual conference earlier this month, could affect the group's argument to retain compulsory minimum salaries. Law Society President Tony Girling and training committee chairman Simon Baker are believed to be ready to propose a recommended minimum salary during the forthcoming consultation on the issue. Current minimum levels are £12,150 for London and £10,850 elsewhere.
There is accounting for taste
Much like a visit to the dentist, an audit is seen by many as an unpleasant yet necessary fact of life. Yet on the face of it, the requirements of the 1890 Partnerships Act and The Law Society’s Solicitors’ Accounting Rules mean that law firms can escape with a much less probing examination than their […]