The Law Society has revealed that training contracts rose by 11.6 per cent last year, after plummeting by 16 per cent in 2009-10.
The Society’s latest annual statistical report has shown that 5,441 training contracts were registered in 2010-11, up from 4,874 in 2009-10.
However, with Legal Practice Course (LPC) places predicted to have risen by 5 per cent, from 14,510 up to 15,166 between 2009-10 and 2010-11, the disparity between figures remain vast. These results were not included in the latest survey (5 April 2011).
The news follows the publication of the Solicitors Regulation Authority’s (SRA) latest report on the minimum salary review, which found that 70 per cent of law firms that do no hire trainees would ‘seriously consider’ creating training contracts if the minimum salary was scrapped (2 May 2012).
Elsewhere in the Law Society report, it revealed a small increase in the number of female trainee solicitors registered between 2010-11 and 2011-12, rising from 62.7 per cent to 63.5 per cent.
There was also a jump in the number of trainees from BME groups, from 20.3 per cent to 22.1 per cent in the same period.