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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.
The Solicitors Regulation Authority has unveiled its long awaited work-based learning pilot, which may result in the abolition of training contracts.
The Solicitors Regulation Authority (SRA) has unveiled its long awaited work-based learning pilot, which may result in the abolition of training contracts.
The regulator is piloting two separate models. The first, which is expected to generate the most controversy, will enable paralegals to qualify as solicitors while working in their current roles. Under the proposed scheme, paralegals will take responsibility of their own training and development and will be assessed externally by Nottingham Law School.
The second model will work similarly to the training contract, but qualification as a solicitor will no longer be automatic, with trainees being subject to more rigorous assessment criteria.
Tim Pierce, development manager at SRA Education & Training, said: "This is an experiment so we can't predict what will happen but there's no question of creating a two-tier system. We want to improve standards while at the same time creating greater flexibility."
Firms participating in the pilot include Beachcroft, Freeth Cartwright, Jones Day and Linklaters.
The new structure is expected to be rolled out in 2011.