Law hopefuls least likely to renege on job offers

Graduates hoping for a career in law are far less likely to renege on a job offer than in other sectors.

Research by the Association of Graduate Recruiters (AGR) found that, an average of 1.3 per cent of accepted training contracts were later turned down by graduates who changed their mind.

This contrasted with accountancy, where 12.9 per cent of graduates reneged on job offers, and banking, where the figure was 12.8 per cent.

The survey also revealed that law firms recieve an average of 42 applications per training contract vacancy, compared to 22 for accountancy and professional services. The banking sector, however, receives an average of 78 applications for each graduate slot.

The legal profession spends far more per head than other sectors on recruiting talent, however. The average cost of recruiting a trainee is £13,655, compared to the £3,231 cost of hiring a graduate in IT. It only takes an average spend of £2,023 to recruit a junior accountant.

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