Even without another downturn, the outlook for law students remains far from rosy. The number of training contracts on offer last year shrunk to 4,874, a fall of 23% against its peak in 2007-08, while the pool of legal practice course (LPC) graduates without an offer continues to grow monthly. Yet law firms eyeing the uncertain market are in some cases still scaling back their future intakes. In this context, former Lovells lawyer Susan Cooper claims to have found a workable solution with her newly-founded business Acculaw. The unusual venture will see Acculaw offer training contracts to LPC graduates and oversee their development by providing training and seconding them to law firms.
It has its critics, but new training venture Acculaw has also won praise from notable figures Even without another downturn, the outlook for law students remains far from rosy. The number of training...
Outstanding Individual Innovator award handed to Schillings COO Christopher Mills
The US firm has announced salary increases across its associate scale
Updates from today's Legal Innovation Awards ceremony, with coverage of the awards announcements as they happen
'The message has got through that a little UK merger ain't going to cut it' – reaction to the Addleshaws-Hunton talks
Will Addleshaw Goddard succeed where others have failed and pull off a transatlantic merger?
Head of international financial technology at the firm Angus Mclean is responsible for the new venture