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Commercial Awareness Toolkit
We take you step-by-step through the thinking process to unlock and demonstrate your commercial awareness.
Jan 19, 2015
Written By Billy Sexton, Editor, AllAboutLaw.co.uk
Jan 19, 2015
Written By Billy Sexton, Editor, AllAboutLaw.co.uk
Harbour ambitions to become a top City lawyer? See yourself strolling around the City or Canary Wharf in the sharpest formal attire, possessing the most profound legal knowledge? Like your annual salary to start at nothing less than £40,000?
The stereotypes surrounding the motivation to become a lawyer usually include the phrase “decent wage packet, isn’t it?” However, believe it or not, a lucrative salary is not the primary reason why law students go on to pursue a careers as a solicitor or barrister.
Research from the University of Law has found that 61% of students go on to follow a career in the legal industry because they’re motivated to help people. Not what you expect to hear from individuals who could potentially go on to charge hundreds for just an hour of their time, but it shows that the greedy and powerful stereotype attached to lawyers is not necessarily true.
58% of law students said that ‘earning potential’ was a strong influence on their decision to follow a career in the legal industry. 54% noted the ‘good prospects for career progression’.
Rachel Harris, Employability Director at the University of Law said, “While money and position are important factors, the ability to make a real difference, to bring about positive change are often key drivers behind decisions to pursue a career in law.
“The level of interest in our pro bono programme which helps those who would not otherwise have access to legal advice is testament to this. We see our students relishing and getting personal satisfaction from the opportunity to help these clients.”
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We take you step-by-step through the thinking process to unlock and demonstrate your commercial awareness.