RollOnFriday can reveal that Ashfords is offering full time paralegals just £12,500 a year: that's less than two thirds of what its local competitors pay.
The roles are being advertised in Bristol, Exeter and Taunton, and represent £40 in each paralegal's pocket for a day's work. Or in other words, about what an Ashfords partner (average drawings £239,000) would tip the valet to park his Porsche.
It's not clear how the paralegals are expected to survive on so little. As the average rent for a one bed flat in Bristol is around £580 pcm, RollOnFriday numberologists calculate that would leave a paralegal with about £11 a day for everything else.
And the jobs on offer are certainly not for kids straight out of school: the ad states that applicants should have a degree and / or the LPC, and ideally have relevant property experience.
It seems clear that Ashfords' offer is way off the mark: Burges Salmon told RollOnFriday that its Bristol paralegals make "above £20,000", and Osborne Clarke said it paid "a starting salary of around £20,000".
The firm declined to comment.
Tip Off ROF
The roles are being advertised in Bristol, Exeter and Taunton, and represent £40 in each paralegal's pocket for a day's work. Or in other words, about what an Ashfords partner (average drawings £239,000) would tip the valet to park his Porsche.
It's not clear how the paralegals are expected to survive on so little. As the average rent for a one bed flat in Bristol is around £580 pcm, RollOnFriday numberologists calculate that would leave a paralegal with about £11 a day for everything else.
And the jobs on offer are certainly not for kids straight out of school: the ad states that applicants should have a degree and / or the LPC, and ideally have relevant property experience.
Ashfords yesterday |
It seems clear that Ashfords' offer is way off the mark: Burges Salmon told RollOnFriday that its Bristol paralegals make "above £20,000", and Osborne Clarke said it paid "a starting salary of around £20,000".
The firm declined to comment.
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This is a race to the bottom in labour relations, (see NI story also), and we have not hit the murky terminus yet. Lawyers of the world unite and fight....or perhaps not...perhaps just join the job queue like everyone else.
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Recruits are being tempted with earnings in excess of £18,000 - a second job for needy paralegals?
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Suppose it keeps the drawings artificially high for the top few, albeit perhaps not a business model that is sustainable.
Crumbling pyramid anyone?
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'not a business model that is sustainable'
I wish you were right, but the reality is that when the big ABS firms get going, eg Co-Op, AA, Saga, BT, to name just a handful of new 'industrial-size' legal players, then pressure on starting salaries for lawyers will be pushed further and further downward.
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Sincerely Yours
Big Law Partner
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it doesn't really get much better......just qualified and my NQ salary is £20K. and the min salary for trainees has been abolished. happy days eh?
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As for the point about Co-op et al contributing to further decreasing salaries, I'm not so sure. Co-op in Bristol pay paralegals up to £25k a year, so I'm told. Law graduates still prefer working for traditional law firms - but if Co-op continue to pay decent salaries in comparison, more and more will flock to them and private practice will have to eventually pay more, or face asking secretaries to do the work. Oh wait...
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