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Aspiring Lawyers - Applications & General Advice
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What are the disadvantages of self-funding the LPC?
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<blockquote data-quote="LK1992" data-source="post: 10982" data-attributes="member: 2088"><p>Hi </p><p></p><p>I am self-funding the LPC this year (I am studying part-time whilst working full-time) and the following were my pros/cons: </p><p></p><p><u>Pros</u></p><ul> <li data-xf-list-type="ul">I would be able to start earlier than firms were advertising for.</li> <li data-xf-list-type="ul">I would get the LPC out of the way and finally finish studying. </li> <li data-xf-list-type="ul">It fit in well with my personal circumstances as the university was close to my office, so within 5 minutes of finishing work, I could be in uni ready to start workshops.</li> <li data-xf-list-type="ul">I could make use of the master's loan to fund (most of) it.</li> <li data-xf-list-type="ul">It demonstrates a commitment to a legal career.</li> <li data-xf-list-type="ul">It's almost becoming a pre-requisite for paralegal positions.</li> </ul><p><u>Cons </u></p><ul> <li data-xf-list-type="ul">It's very expensive, with no guarantee of a job at the end of it. That's a huge risk.</li> </ul><p>I think, when deciding whether to self-fund the LPC, it's best to be realistic with yourself regarding your chances for obtaining a TC and weighing up whether it is worth the risk. Fundamentally, I decided that there are a number of things I need to work on but that I will get there eventually. Self-funding the LPC has also made me even more determined to get a TC, as I don't like to waste money! </p><p></p><p>Feel free to contact me if you want any more, specific, advice <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile :)" loading="lazy" data-shortname=":)" /></p></blockquote><p></p>
[QUOTE="LK1992, post: 10982, member: 2088"] Hi I am self-funding the LPC this year (I am studying part-time whilst working full-time) and the following were my pros/cons: [U]Pros[/U] [LIST] [*]I would be able to start earlier than firms were advertising for. [*]I would get the LPC out of the way and finally finish studying. [*]It fit in well with my personal circumstances as the university was close to my office, so within 5 minutes of finishing work, I could be in uni ready to start workshops. [*]I could make use of the master's loan to fund (most of) it. [*]It demonstrates a commitment to a legal career. [*]It's almost becoming a pre-requisite for paralegal positions. [/LIST] [U]Cons [/U] [LIST] [*]It's very expensive, with no guarantee of a job at the end of it. That's a huge risk. [/LIST] I think, when deciding whether to self-fund the LPC, it's best to be realistic with yourself regarding your chances for obtaining a TC and weighing up whether it is worth the risk. Fundamentally, I decided that there are a number of things I need to work on but that I will get there eventually. Self-funding the LPC has also made me even more determined to get a TC, as I don't like to waste money! Feel free to contact me if you want any more, specific, advice :) [/QUOTE]
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What are the disadvantages of self-funding the LPC?
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