Fears of an oversupply of aspiring lawyers have been reinforced by new research showing a 16% fall in the number of available training contracts last year, despite the profession as a whole continuing to expand.
The latest annual statistical report from the Law Society shows that the number of registered training contracts offered in the 12-month period ending 31 July 2010 was 4,874, a decrease of 16.1% on the previous year’s figure of 5,809. The annual number of training contracts has now fallen 23% from a 2007-08 peak of 6,303.
