Magic Circle law firm Lovells is determined to
retain its junior lawyers, even if it has to pay
them less per hour than the average London
As reported by rollonfriday.com, the firm is
avoiding market trends of lawyer layoffs by
offering jobs to lawyers at low rates. So low, in
fact, that their hourly rate of £9.00 ($17.35) for
the contract positions fall a full pound behind
the £10.00 an hour a contracting cleaning
company offers its employees for occasional
jobs in London.
A newly qualified lawyer told RollOnFriday
that the invitation to work a three-month
contract at Lovell on a major piece of litigation
quickly soured on learning the rate of pay being
offered, and that she would be better off
working behind a bar – or maybe even as a
cleaner for the law firm.
To the further dismay of the recently
qualified lawyer, she believes Lovells was
prepared to offer a permanent job off the back
of the contract position – leaving many
wondering if the firm was also prepared to retain
the pathetic hourly rate.
But a Lovells spokesperson defended the
rate of pay, stating that the firm had no intention
of the roles leading to permanent positions and
that “the positions pay at a rate commensurate
with the level of legal expertise required and
current market conditions”.
Still, at £9 an hour to do a bunch of
photocopying, perhaps the lawyer in question
would have a better chance of gaining
experience at the pub. She might earn a pound
or two extra an hour too.