Closed shop: Law Society report shows sharp fall in training contracts

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.

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