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Aspiring Lawyers - Applications & General Advice
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LPC or SQE?
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<blockquote data-quote="TCLA Community Assistant" data-source="post: 61764" data-attributes="member: 2672"><p>TCs actually haven’t existed for sometime! They are technically called “period of recognised training” and have been for some time. But TC is just the colloquial term used for familiarity.</p><p></p><p>In my view, “period of recognised training” will still exist and be the most popular method in the two year format, just relabelled as QWE (qualifying work experience).</p><p></p><p>What is going to be far more interesting in how it affects numbers. I actually see “TC” numbers increasing as fewer people are going to pass the SQE. Like the banks and accountancy firms, more people will be hired and if they fail their professional exams they get kicked off the programme. Firms will plan on the basis of roughly X% failing each year and will plan accordingly.</p><p></p><p>Its going to be interesting in how it all plays out. Basically all structure has really done out the window, and although firms will minimise that risk by mimicking that structure, they are going to have various pressures on them to work around the structure at times.</p></blockquote><p></p>
[QUOTE="TCLA Community Assistant, post: 61764, member: 2672"] TCs actually haven’t existed for sometime! They are technically called “period of recognised training” and have been for some time. But TC is just the colloquial term used for familiarity. In my view, “period of recognised training” will still exist and be the most popular method in the two year format, just relabelled as QWE (qualifying work experience). What is going to be far more interesting in how it affects numbers. I actually see “TC” numbers increasing as fewer people are going to pass the SQE. Like the banks and accountancy firms, more people will be hired and if they fail their professional exams they get kicked off the programme. Firms will plan on the basis of roughly X% failing each year and will plan accordingly. Its going to be interesting in how it all plays out. Basically all structure has really done out the window, and although firms will minimise that risk by mimicking that structure, they are going to have various pressures on them to work around the structure at times. [/QUOTE]
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