The Lawyer Asia Pacific 150 is the only research report to provide a ranking of the top 100 independent local firms and top 50 global firms in the region. The report offers critical review of some of the fastest growing firms and their strategies, a country-by-country guide to leading legal advisers and legal services market trends, plus exclusive insight into the current business development opportunities in the Asia Pacific. 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.
Aspiring barristers struggling to make ends meet have received a boost from the Bar Standards Board (BSB) following the regulator’s decision to raise the minimum pupillage award.
Graduates starting their pupillages from September 2011 will now receive a minimum award of £12,000. The modest rise of £2,000 on the current rate was given the go ahead by the Legal Services Board this week.
Despite the increase the amount payable to pupils still lags well behind the cost of the Bar Professional Training Course, with BPP Law School the most expensive provider charging just over £16,000.
The BSB’s announcement comes as the Solicitors Regulation Authority (SRA) is expected to announce later this week that the minimum wage for trainee solicitors will remain at the rate set in 2009 for a third year in a row.
A second salary freeze by the SRA means that pay for a trainee solicitor sticks at a minimum of £16,650 though this goes up to £18,590 for those training in London.
The rise in pupillage awards follows a report chaired by Derek Wood QC, published in summer 2008 (read more) and will see a national minimum salary for pupils of £1,000 a month over twelve months.