Entering the legal profession has become harder than ever, with the latest Law Society data revealing that the number of training contracts offered by law firms in England & Wales is at its lowest level since 1999.
The Law Society’s Annual Statistical Report reveals that the number of training contracts registered to July 2012 stood at 4,869; a 10.5% drop compared to the 5,441 registrations in 2011. The report also reveals that new solicitor admissions have seen nearly a 25% drop from 8,402 in 2011 to 6,330 in 2012.