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Hope for law graduates in economic downturn

19 February 2009
Issue: 7357 / Categories: Legal News , Training & education , Profession , Employment
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Profession

Graduates jobs in law are expected to grow by 2% in 2009. Research by the Association of Graduate Recruiters (AGR) and published last week uncovered favourable conditions for law graduates. In 2008 law firms maintained the top spot with a median salary of £37,000, while investment banks remained static at £35,000, and business and financial services at £28,000.

Overall, the survey reveals UK graduate vacancies will fall this year for the first time since 2003, with a predicted drop of 5.4%. This year’s median starting salary is stuck at last year’s figure of £25,000. AGR says the results are “not as severe” as they could have been.

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

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