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Stone Chambers has bolstered its pupillage award by 50 per cent in a bid to lure talented aspiring barristers.
The Gray’s Inn set, which currently makes an award of £40,000, is raising the payment to £60,000 for those beginning pupillage in autumn 2012.
In a statement a spokesperson said: “This increase reflects our commitment to excellence and attracting the very best talent to join our thriving chambers.”
The news follows Wilberforce Chambers announcing a 35 per cent jump in pupillage award, increasing from £48,000 to £65,000 (21 November 2011).
The move meant that Wilberforce now offers the highest pupillage award among the top 10 chambers.
Brick Court Chambers, One Essex Court, Essex Court Chambers, Fountain Court, Blackstone Chambers and 3 Verulam Buildings provide maximum payments of £60,000, and have indicated that they will hold their awards steady for 2013.
4 Pump Court also announced a rise, by 4 per cent, from £48,000 to £50,000.