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LPC market shrinks by 20 per cent

In relation to the comments above readers may like to note my blog here that shows how the LPC/training contract markets have tended to balance out over the economic cycle. http://lawyerwatch.wordpress.com/2010/11/09/a-history-of-lpc-numbers/ and my initial comments on the 20% drop (http://lawyerwatch.wordpress.com/2010/11/22/lpc-numbers-drop-dramatically/). No matter what kind of brave face is being put on by the LPC institutions mentioned above these figures suggest significant numbers of insitutions will close to LPC students. I don't think anyone can blame BPP (or the CoL) for running their institutions as businesses. They will look where they can for increased market share. The SRA obviously has to be sure there is sufficient diversity of supply and robust competition and might wisely promote better information about quality of courses but beyond that it must be right that student choices dictate the health of LPC courses. Incidentally, I don't think Cardiff were asked for their numbers. I'm not sure how useful the year on year drop is to understanding the viability of LPC institutions. The proportion of places that stand empty is at least, if not more, important.

2-Dec-2010

7:21 pm