Law students’ graduate job prospects brighten

The UK’s leading law firms are retaining more of their trainee solicitors after qualification as the economy picks up, according to Legal Week.

Legal Week said that retention rates for September, based on the number of qualifying trainees due to stay on, were more than 80% on average for the UK’s top 30 law firms, a significant increase on September 2009.

However, Legal Week also reported concerns about the potential impact of public funding cuts on the sector and on staffing levels at the Crown Prosecution Service.

The Public and Commercial Services Union, which represents civil service and government agency employees, said it feared that the Ministry of Justice was facing cuts of £2bn from its £9bn annual budget over the two years following October’s comprehensive spending review.

The plans could place the jobs of 15,000 of the Ministry of Justice’s 80,000 employees at risk, the union warned.

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Posted by Alison_TARGETjobs on 12 August 2010

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