Lovells defers training contracts

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    Very unfortunate for all involved but at least those who are deferring still have their contract. Anyone care to speculate whether voluntary deferral will have any impact on the trainees' chances of being retained on qualification?

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  • Another brick down the slippery slope

    'If not enough volunteers come forward the firm has said it will undertake a selection process in order to pick which trainees should defer.'

    If and when economic conditions deteriorate further, and Lovells decides it doesn't need all these future trainees, is there anything to stop it simply withdrawing the training contracts?



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  • lovells training contracts

    In the light of the deferrals, I just called Lovells to ask if this would have any impact on 2011 training contract applications. I figured I do not want to spend all my time form filling for something that maybe doesn't even exist (as I just did for Field Fisher 2009 Vac Scheme. Person at Lovells told me that in fact there are hardly any 2011 training contract places left (so far before the deadline too????) All most peculiar and I don't think I'll be wasting my time on them.

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  • Deferred training contracts

    What is peculiar about it ?

    There are far too many young people trying to enter the legal profession.The profession does not owe anyone a training contract just because they did the academic qualifications at a time when they knew it was already very hard to get a TC.

    it It is the iron law of supply and demand - currently ample demand but limited supply of TC's.

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  • Future impact

    Anyone care to speculate whether voluntary deferral will have any impact on the trainees' chances of being retained on qualification?

    Yes, it will have an impact. If you defer than hopefully you will qualify when the market is picking up and looking positive. You have more chance of being retained in a bull market than a bear. Plus during this time, with the extra money(if they give you any for deferring) you can spend six months travelling or doing some charity work in Asia or Africa

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  • law soc rules

    Tricia - check with the Law Society - I'm sure there used to be a rule about not offering a TC more than 2 years in advance, (can interview way in advance though) hence firms often interview through August then get on the phone to candidates they want on Sept 1st.

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  • 2011 TC

    I suspect the full 2011 intake is actually 2010 TC that have been deferred. That way they can avoid the 2 year rule.

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