Bit of a mini rant here that I feel like others can relate to - but why is it so darn hard to get a TC ?! I understand that getting a job in today's market is difficult no matter what field you are in , but it seems like these days so many people are applying for vacation schemes and training contracts. It is what it is, but i'm genuinely curious about why there seem to be a billion people (and it seems to be more each year) that are trying to get into commercial law - and obviously there isn't enough room for everybody. So, does anyone know why everyone and their mother wants a training contract?!
A few reason why I think it is actually a little more competitive these days (but only slightly - it’s always been competitive):
- SQE making the qualification process more open - this is making some people consider the career who might have been put off by the GDL
- Redundancies is other key sectors such as Finance and Tech - makes people more to more stable sectors, of which law has always been much more stable in terms of graduate vacancy numbers
- AI / ChatGPT - has increased application numbers. People are applying to more firms as they are finding it quicker to do so due to AI.
I don’t think it’s wildly different or more competitive than previous years though - it’s always been competitive. The only time I know it was less competitive was pre social media but back then some firms were still asking for hand written and posted applications!