The warning comes in response to options being considered by the Solicitors' Regulatory Authority to create greater standardisation between qualifications. One option is to end the two-year training contract.
Gold standard
Reflecting views expressed by some of the top firms, Jonathan Smithers, president of the Law Society, spoke of newly-qualified UK lawyers by saying: 'They come out prepared to and ready to work with experience as compared to other jurisdictions. We would not want to see a diminution in the value of that gold standard.' Source: FT
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