How do you guarantee that the 'best' out of Uni will turn into the 'best' in their field. I cant imagine it happens for every graduate that takes on a ludicrously high-paying role like that. If you cant guarantee it (which you cant), my point stands.
Graduate salary
- Thread starter borich_planner
- Start date
![[DOD]Asprilla](/styles/overclockers/avatars/8.png){kind=avatar}
Soldato
- Joined
- 10 Nov 2003
- Posts
- 14,034
- Location
- Surrey, by the river
You can't guarantee anything, but you can put in place processes that mitigate the chances of failure and make the investment worthwhile. Unless you are a bank, of course.
There's still a chance. If you don't offer the best money, you won't get the best people out of University as they'll just go elsewhere. The firms charge these guys out at rates high enough to cover their costs, so it's not an issue.
Working at an accountancy firm, our 1st year graduates are charged out at £125 per hour - quite often do photocopying or admin tasks. They're paid about £17 per hour.
If not a degree in law, a conversion course (GDL, PGC, MA Law) will suffice. From there, you need to complete a one year training course (the LPC) before you begin a training contract. After two years training, you obtain the salaries I have posted.
Non-law graduates need the GDL / PGC / MA Law.
Oh and don't forget the literally perfect CV including your leading of a conservation project and climbing kilamanjiro.
Yes, most of those, if not all, are US firms. I got the figures from the Chambers UK student guide, and yes those are qualification salaries classified as the same way as UK firms.[DOD]Asprilla;13537781 said:
Interviews don't really give you any idea how a person will perform long term. There is a lot of guesswork in the hiring process.
Depends on the person doing the interview, you can normally tell after 10/20 mins if someone is right for the job, the degree is just the part to get the interviews.
KaHn
If you don't even know how you go about getting a job at a solicitors firm that pays £90k on qualification, you have no idea about the working culture and are obviously totally driven by the money... if that's all your after, go work in a bank or investment firm. It's just as hard to get in, just as much work but you'll earn significantly more.
Soldato
- Joined
- 10 Nov 2003
- Posts
- 14,034
- Location
- Surrey, by the river
Every day really is a school day.
Soldato
- Joined
- 10 Nov 2003
- Posts
- 14,034
- Location
- Surrey, by the river
It's a turn of phrase; it means you learn something new everyday.
In this case you have shown me that newly qualified lawyer salaries can be much higher then I originally thought.
I graduated in 2005 with a 2:1 in computer science, granted this was not from the best university hence the starting salary of 18k plus 4k training budget for my first year. (this was also a 60 mile drive daily so was very skint all the time)
4 years later and with a different company I am a little better off, I now earn 25k plus bonuses & comission, I also get a new laptop of my choice every year, limited hardware purchases, phone & internet bills & my yearly train fare into the city paid for me.
I tell you something though I would work with these guys for a lot less... the experience is priceless.
I also work closely with a law firm in the city and can tell you that the majority of people training having just finished uni are on nowhere near the salaries claimed here.
4 years later and with a different company I am a little better off, I now earn 25k plus bonuses & comission, I also get a new laptop of my choice every year, limited hardware purchases, phone & internet bills & my yearly train fare into the city paid for me.
I tell you something though I would work with these guys for a lot less... the experience is priceless.
I also work closely with a law firm in the city and can tell you that the majority of people training having just finished uni are on nowhere near the salaries claimed here.
Soldato
- Joined
- 10 Nov 2003
- Posts
- 14,034
- Location
- Surrey, by the river
That's already been mentioned. The salaries listed are for newly qualified, which means that they have finished their training contracts.
Going back to the original point of the thread, I graduated seven years ago with a 2.2 and started on £20k + £2k bonus (which was pretty much guaranteed sinve my boss only got his bonus if I got mine).
Last edited:
WTF? It was just a simple question. Get over yourself.
I wasn't trying to be offensive, so sorry if I came off like that. I think what I'd have rather said is that if you wanted to go about getting a job like that, you must really have a passion those areas of law and the working culture, rather than just having the academic qualifications. So it's not a question of the salary, really. It's not like a dull job that you do because it pays well, but an (often) dull job that takes over a vast portion of your entire life and pays well.
I personally don't want to go that route and definitely wouldn't fancy it as a graduate!
Soldato
- Joined
- 25 May 2003
- Posts
- 9,361
- Location
- Limehouse
It's only 3 months. The Law & Ethics one you have to do in your own time (joy!).
ICAS Certificate: ~2.5 months
TCS: ~6 weeks
TPS: ~2 months
CTA: ~3 months.
The regional folk get the privilege of being in Edinburgh for most of that, as you say - quite ofen during the Edinburgh Festival... but you should be working!
It's nicer not being in TBS (we were in Liverpool St for TCS), as you can turn up in jeans and a t shirt.
Been moved to 10 UBS then? I can just see the DLR from my window....
Yep people services IES. Whereabouts are you?
FS CTC, in Canada Sq. A friend of mine was in IES (I think), but he just quit and went travelling for 6 months (slacker). He mainly used to whinge about people not turning up for their meetings and asking stupid questions.
Soldato
- Joined
- 25 May 2003
- Posts
- 9,361
- Location
- Limehouse
That's London though isn't it? I was there last summer in the internship but this year they're sending everyone to Edinburgh.
45 min walk! eeek, time to get the bus
even for the ICAS cert? That's a shame, I met some really cool people from the "provinces" while I was at TBS in the autumn, although was also a bit miffed to learn that the Gatwick and Reading lot only earn about a grand less than london grads
