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Law Society recommends new minimum salaries for all trainee solicitors
The Law Society is recommending, as a matter of good practice, that providers of training contracts should pay their trainees £20,913 in London and £18,547 outside of London. This increase from November 2015, is in line with the Law Society commitment to review its recommended trainee minimum salary in November each year.
On 1 August 2014, the Solicitors Regulation Authority replaced the former regulatory minimum salary with a requirement that firms pay trainees at least the national hourly minimum wage. Prior to this, firms were required to pay their trainee solicitors at least £18,590 if they were in Central London, and £16,650 elsewhere. With the removal of the minimum salary, firms are now required to pay no more than the national minimum wage, currently £6.95 per hour. For an average 35-hour week this equates to a gross salary of £12,649 per year, a significant decrease on the previous required salary.
In November 2015 the Law Society, with support from the JLD, introduced a recommended minimum salary for trainees.
Bryan Scant, chair of the JLD says:
‘The annual review is an essential feature of the Law Society guidelines on trainee minimum salaries and the JLD is pleased that the Law Society has reviewed its recommendation in light of the revised living wage. Since the abolition of the SRA’s minimum salary for trainees it is more important than ever that prospective entrants are not precluded from entering the profession due to limited financial means. The JLD hopes that firms will review their remuneration packages to reflect the revised recommendation to ensure that they continue to attract high quality and diverse candidates to the profession.’