Jessica Booker
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Graduate Recruitment
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- Aug 1, 2019
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The SQE apprenticeships could incorporate the GDL (which is expected in time), then that issue is not a problem. The GDL could be delivered as an apprenticeship too if firms and training providers wanted to.I guess the main difference w/r/t to finance is whether the qualification is necessary to do the job, in many cases where your role doesn’t involve giving advice you won’t need to be a CFA. In my view there isn’t really a point of comparison there since it’s possible to work in the sector without CFA but you can’t be a solicitor without LPC/SQE. In this regard I do think law is different to other sectors and less suited to an apprenticeship/earn while you learn structure. I hadn’t considered surveying/real estate as very few people from my university/background choose to enter these roles.
I also think there hasn’t been enough consideration of how this route would work for non-law graduates. Case in point, Kennedy’s requires you to already have a qualifiying law degree, so is not more accessible for non-law graduates. Ultimately, I think it’s unlikely this route would make the profession more accessible, especially considering financial accessibility is only one small factor that makes the profession less accessible, and social mobility is one of many areas where firms want to improve diversity.
The SQE prep course is not a requirement though, it’s just passing the exams that are. And even then, passing is not a requirement for the graduate job, only to qualify. That is the same for some financial services jobs - to be promoted you may need a professional qualification (especially relevant for accountancy qualifications though). Same goes for RICS accredited careers.
Interestingly the SRA have recently changed their message and are now suggesting that SQE2 should be done upon qualification (training providers are not happy about this). If it changes from a recommendation to an actual qualification process, we will see this move to something more like the RICS accreditation, and the whole process could change anyway.
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