U.K. Law Firms: Here’s $14K; Take a Year Off


	U.K. Law Firms: Here’s $14K; Take a Year Off

wiccantexan

3-8-2009 1:45 PM

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tags:

law, lawyers, britain, economy

1 Comment |

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3-8-2009 1:53 PM

cakebelly

Now, that's nice work if you can get it

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/7b744dbc-93f8-4a0d-8b3f-18b9a6ca3801/E972B877-ABAA-48ED-8005-08F1C0F2358A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html" href="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html" style="font-size: 11px;">blogs.abcnews.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html"><P>Law students in Britain expecting to start training contracts at law firms this fall are being offered up to $14,000 to stay away from the office for a year while the economy calms down. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html"><P>Top law firms in London hit by the credit crunch are worried their trainees won’t get the experience they need to qualify because there simply isn’t enough work for them to do in the current climate. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html"><P>One leading firm, Norton Rose, confirmed to ABCNews.com that it has offered 55 trainees a little more than $14,000 to delay their contracts by a year. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html"><DIV>Just over a third of graduates have decided to grab the cash. They must now promise to do “something meaningful and constructive” with their year off. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.abcnews.com/worldview/2009/03/uk-law-firms-he.html"><DIV>“Some individuals have said they want to do a masters, go traveling, learn a language, even get a job somewhere else,” he said. “If it’s going to give them better experience to be a lawyer that’s fantastic.”</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/E972B877-ABAA-48ED-8005-08F1C0F2358A/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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