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Aspiring Lawyers - Applications & General Advice
General Discussion
Advice about self-funding the SQE
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<blockquote data-quote="Jessica Booker" data-source="post: 87335" data-attributes="member: 2672"><p>My personal view is that this is no different to people considering to self fund the LPC. You just have to weigh up whether your personal circumstances are one where you can take the financial hit in the short term in the hope it will help you with longer term goals.</p><p></p><p>The risk could pay off though. There is likely to be many more prospective trainees who don’t pass the SQE when compared to the LPC, and that in turn might play to your advantage if firms have to top up their recruitment where they haven’t got enough trainees who pass.</p><p></p><p>However, there are risks too - some firms are running their TCs with the SQE prep included (generally 30 months instead of 24) and in those instances, you may find it difficult to convince those firms who if you have already passed the course (although, to be fair they could just reduce your TC down to 24 months).</p><p></p><p>I don’t think there is any rush to make a decision on this though and if anything, I’d wait and see how your vac scheme goes before making any decisions.</p></blockquote><p></p>
[QUOTE="Jessica Booker, post: 87335, member: 2672"] My personal view is that this is no different to people considering to self fund the LPC. You just have to weigh up whether your personal circumstances are one where you can take the financial hit in the short term in the hope it will help you with longer term goals. The risk could pay off though. There is likely to be many more prospective trainees who don’t pass the SQE when compared to the LPC, and that in turn might play to your advantage if firms have to top up their recruitment where they haven’t got enough trainees who pass. However, there are risks too - some firms are running their TCs with the SQE prep included (generally 30 months instead of 24) and in those instances, you may find it difficult to convince those firms who if you have already passed the course (although, to be fair they could just reduce your TC down to 24 months). I don’t think there is any rush to make a decision on this though and if anything, I’d wait and see how your vac scheme goes before making any decisions. [/QUOTE]
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Advice about self-funding the SQE
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