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Showing posts from April, 2016

Hourly Rates of Pay for Locum Solicitors and Legal Executives April 2016 Update

Locum hourly rate payment varies widely according to the demand, length of assignment, level of experience and advance notice available. NB: These rates are intended as a guide only. Hourly rates can vary according to the location, duration and level of expertise. They are sourced from our work through www.interimlawyers.co.uk and www.ten-percent.co.uk dealing with a range of locum assignments across the UK. April 2016 Private Practice Law Firm Locum Rates:   * Conveyancing Locum Solicitors – 1-3 years PQE, handling residential standard sale price only – £28-30 per hour (variation for central London – £29-33 per hour). * Conveyancing Locum Solicitors & ILEX – 5-35 years PQE, handling all levels of conveyancing including managing a department – £30-£40 per hour, including central London. * Commercial Property Solicitors – 1-40 years PQE - £35-45 per hour. * Wills & Probate Solicitors and Executives – 3-35 years PQE – £35-40 per hour. * Family Solicitors – 4-40 ye

Lawyers identified as high earners by the BBC - surely some mistake?

Recently the BBC did a study on salaries to be expected by graduates entering the different professions ( http://www.bbc.co.uk/news/health-34475955 ) - this was in the context of analysing how much junior doctors were paid. Lawyers came out top and the BBC gave an average starting salary of £37k. This week the Law Society Gazette have given exposure to a pretty obvious press release from an investment company, Bower Cotton, who had done a far reaching study of c.100 lawyers to determine that over 40% were going to rely on property to fund their retirement. I suspect that the press release has been copied word for word into the Gazette! The article also refers to it being possible for lawyers to be 'amongst the top earners' and having a good amount to invest. Both of these are strong evidence of either a high level of ignorance or a total lack of interest in checking facts before producing articles. Quite how the BBC got to the average they did in their article is not clear. Wo

▪ The Cooperative Bank & Legal Services and a slick sales demo

The Co-operative Bank, Co-operative Legal Services - an amazing demonstration of subliminal referrals An elderly relative has recently died in our family and I rang the Co-operative Bank to ask them what information they required from the family in order to remove a name from a joint account. I called the main bank number and explained I was simply making an enquiry about name removal. The operative asked me for the bank account number in question and a bit more information about the deceased. I gave them this and was advised that I would be put through to the probate team who would be able to advise me. After waiting for about 5 minutes I spoke to someone I thought was in the bank's probate department who advised me that I simply needed to take a certified copy of the death certificate into a local branch or post it to head office. He then advised me that he just needed to take a few more details from me for their "Bank Notification Scheme" and that it shouldn&#