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Message: <blockquote data-quote="Jessica Booker" data-source="post: 12529" data-attributes="member: 2672">There’s a lot of positives about it, but a lot of negatives too. I probably sit on the side of it being better for everyone, but it could have been executed better by the SRA.I don’t think it opens the floodgates though. If anything it will help to create more opportunities. Freeing up the 2 year commitment is a major positive, both from the employers perspective but also the candidates. This currently limits the number of training contracts each year. TCs will still exist it is just SQE prep will replace the GDL/LPC. Think most firms are looking to make the transition to the SQE earlier rather than later, although the fact the SRA still haven’t got any confirmation of what the assessments will be, let alone how someone can sit them means many are having to wait until there is clarity. But many firms will have TCs but also bring in short term contract grads who could accumulate their QWE across different firms. If it was me, I’d love to do a TC across multiple firms and work out which one I wanted to work for long term.The system will become much more like what happen with accounting firms. The bigger players in the market will offer graduate programmes designed to get you through the professional training and qualifications - however, if you fail (unlike now), expect to be kicked out. One of the major flaws of current training contracts is you can’t really enforce probation periods or get rid of someone if they aren’t meeting the required standards - that will be one of the major changes with the new system. Smaller firms will expect people to get the professional qualifications themselves, but that’s no different than what they do with the LPC now.Qualification will ultimately become a more difficult process to complete (there will be much higher fail rates) but there will be more opportunities to become qualified. There will also be a Trainee purgatory - people who accumulate the necessary QWE but can’t pass the SQE assessments, so can’t qualify.</blockquote>

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