Pupils starting this autumn are offered £27,500 for the year, which rises by £5,000-£10,000 for the second six months, when they take on their own cases.
Any of the three tenants taken on in October who do not make the £120,000 (after chambers' expenses) by the end of the three-year period will be entitled to an interest-free loan to make up the difference.
“But we're so confident that won't be necessary that we haven't established any standard terms of repayment yet,” said Four New Square barrister Graham Chapman, secretary to the pupillage committee.
In November, Lawyer 2B reported that Maitland Cham-bers was offering a guarantee of up to £100,000 in the first three years. Pupils at One Essex Court are paid £35,000, which can be split over two years to help fund the Bar Vocational Course. Senior clerk at the set Paul Shrubsall said: “They don't need to guarantee earnings. After the first three years, the levels normally six figures.