TCLA Vacation Scheme Applications Discussion Thread 2021-22 (#1)

Status
Not open for further replies.

lekimdinger

Active Member
Junior Lawyer
Nov 24, 2021
13
28
Hello all! Does anybody know the main differences between a Training Contract (TC) and a Qualifying Work Experience Training Contract (QWETC)? I have competing offers but one firm is offering the TC and the other the QWETC. What are the main differences and advantages/disadvantages associated with each? Thanks in advance.
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,505
20,199
Hello all! Does anybody know the main differences between a Training Contract (TC) and a Qualifying Work Experience Training Contract (QWETC)? I have competing offers but one firm is offering the TC and the other the QWETC. What are the main differences and advantages/disadvantages associated with each? Thanks in advance.
Is the TC doing the LPC and the QWETC doing the SQE?
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,505
20,199
Yes, that is correct.
Ok, this is complicated because the below is a generalisation. You need to look carefully at your offer documents though, as it could easily be that this isn’t the case in your situation.

SQE TCs can have probation periods while LPC TCs do not - you can effectively be a rubbish trainee and it’s pretty difficult to get rid of you on a LPC TC, so you are basically guaranteed employment for two years (unless the firm goes bust or you do anything that constitutes misconduct). This isn’t the case on the SQE TC because you get get qualifying work experience elsewhere. So check the terms of your employment - notice periods/probation periods etc. Redundancy is also possible on a SQE TC, while highly unlikely/difficult on a LPC TC.

The SQE is likely going to be “harder” to pass compared to the LPC. SQE1 currently has similar pass rates to the LPC but that is just one of two stages. You then have to go through the SQE2 which is expected to have similar pass rates (45-60%), but 50% of 50% is only 25%, while pass rates for the LPC are just over double that. However, if you firm is providing sponsorship with a recognised training provider, I would take this with a pinch of salt, as pass rates on those courses tend to be exceptionally high either way.

One advantage of the SQE is you don’t have to see three distinct areas of law. For anyone who wants to specialise rather than rotate around departments, the SQE could work in your favour as ultimately you could work in one team for the entire 2 years. It’s difficult to do this on the LPC TC unless you are in a multi disciplinary team.

If you really don’t like your firm, then it is much easier to move with the SQE TC. The qualifying work experience process is with you, not with the firm, and so you can move around much more easily. That might be useful if you want to jump close to qualification, as now you could jump before you are qualified (you used to have to wait until you were qualified).

The SQE can also allow you to qualify earlier if you have previous legal work experience. If you have a year’s experience elsewhere, you technically could qualify a whole year earlier should you want to. This is particularly useful for those who are just qualifying for the sake of it and seeking alternative careers upon qualification.

If you do want to leave early, then also check and terms of paying back training courses/maintenance grants (although that is the same with the LPC too). You could find you need to pay it all back fairly immediately depending on your contract’s T&Cs
 

lekimdinger

Active Member
Junior Lawyer
Nov 24, 2021
13
28
Ok, this is complicated because the below is a generalisation. You need to look carefully at your offer documents though, as it could easily be that this isn’t the case in your situation.

SQE TCs can have probation periods while LPC TCs do not - you can effectively be a rubbish trainee and it’s pretty difficult to get rid of you on a LPC TC, so you are basically guaranteed employment for two years (unless the firm goes bust or you do anything that constitutes misconduct). This isn’t the case on the SQE TC because you get get qualifying work experience elsewhere. So check the terms of your employment - notice periods/probation periods etc. Redundancy is also possible on a SQE TC, while highly unlikely/difficult on a LPC TC.

The SQE is likely going to be “harder” to pass compared to the LPC. SQE1 currently has similar pass rates to the LPC but that is just one of two stages. You then have to go through the SQE2 which is expected to have similar pass rates (45-60%), but 50% of 50% is only 25%, while pass rates for the LPC are just over double that. However, if you firm is providing sponsorship with a recognised training provider, I would take this with a pinch of salt, as pass rates on those courses tend to be exceptionally high either way.

One advantage of the SQE is you don’t have to see three distinct areas of law. For anyone who wants to specialise rather than rotate around departments, the SQE could work in your favour as ultimately you could work in one team for the entire 2 years. It’s difficult to do this on the LPC TC unless you are in a multi disciplinary team.

If you really don’t like your firm, then it is much easier to move with the SQE TC. The qualifying work experience process is with you, not with the firm, and so you can move around much more easily. That might be useful if you want to jump close to qualification, as now you could jump before you are qualified (you used to have to wait until you were qualified).

The SQE can also allow you to qualify earlier if you have previous legal work experience. If you have a year’s experience elsewhere, you technically could qualify a whole year earlier should you want to. This is particularly useful for those who are just qualifying for the sake of it and seeking alternative careers upon qualification.

If you do want to leave early, then also check and terms of paying back training courses/maintenance grants (although that is the same with the LPC too). You could find you need to pay it all back fairly immediately depending on your contract’s T&Cs
Wow, thank you for such a comprehensive answer. I was definitely leaning more towards the traditional TC and this has solidified that choice, however, regarding your point about the pass rates of the LPC vs SQE, does this change significantly for the accelerated LPC?; the firm has informed me that I will be required to take the 7-month course).
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,505
20,199
Wow, thank you for such a comprehensive answer. I was definitely leaning more towards the traditional TC and this has solidified that choice, however, regarding your point about the pass rates of the LPC vs SQE, does this change significantly for the accelerated LPC?; the firm has informed me that I will be required to take the 7-month course).
Unfortunately, the stats for the LPC are never separated out in terms of the accelerated course vs standard year course, so it is hard to determine. However, the failure rates on courses where the firm has a bespoke course (which the accelerated course generally is) are typically minimal - less than 5% from my experience. The reason for that is the academic providers monitor your performance much more closely and ensure necessary support is put in place where they are getting the money and brand recognition from saying the law firm put their future trainees through their courses. They risk losing much more money and reputation if they screw up and don't support law firm's trainee intakes compared to individuals who are self-funding or where firms just reimburse their trainees to study at any provider.
 

ashleigh22

Active Member
Jan 23, 2022
17
18
Does hearing back later compared to other candidates post-VS suggest that I’m further down the ‘maybe/reject’ list? There are already 3 people across the two schemes that the firm organised getting offers since Friday.. I know I should be patient but I’m just wondering whether it is better to expect a rejection at this stage 😅
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,505
20,199
Does hearing back later compared to other candidates post-VS suggest that I’m further down the ‘maybe/reject’ list? There are already 3 people across the two schemes that the firm organised getting offers since Friday.. I know I should be patient but I’m just wondering whether it is better to expect a rejection at this stage 😅
Not necessarily - there are a whole load of reasons why some people hear back earlier/later than others.
 
  • Like
Reactions: ashleigh22

lekimdinger

Active Member
Junior Lawyer
Nov 24, 2021
13
28
Unfortunately, the stats for the LPC are never separated out in terms of the accelerated course vs standard year course, so it is hard to determine. However, the failure rates on courses where the firm has a bespoke course (which the accelerated course generally is) are typically minimal - less than 5% from my experience. The reason for that is the academic providers monitor your performance much more closely and ensure necessary support is put in place where they are getting the money and brand recognition from saying the law firm put their future trainees through their courses. They risk losing much more money and reputation if they screw up and don't support law firm's trainee intakes compared to individuals who are self-funding or where firms just reimburse their trainees to study at any provider.
Okay, that makes sense. Thank you so much for your comprehensive answers.
 

Jessica Booker

Legendary Member
TCLA Moderator
Gold Member
Graduate Recruitment
Premium Member
Forum Team
Aug 1, 2019
14,505
20,199
Hi Jessica - what sort of reasons would these be? Thanks!
There are literally hundreds of reasons why.

Each decision requires getting feedback from multiple people. And those people vary between candidates. How quickly one set of people get back with feedback can be very different to the next. It’s a human process that is not standardised. And therefore it can take different amounts of time for different people.
 
  • Like
Reactions: OB and mailer

OB

Legendary Member
2020 Community Winner
Junior Lawyer
  • Feb 10, 2020
    802
    2,395
    There are literally hundreds of reasons why.

    Each decision requires getting feedback from multiple people. And those people vary between candidates. How quickly one set of people get back with feedback can be very different to the next. It’s a human process that is not standardised. And therefore it can take different amounts of time for different people.
    @mailer some candidates also have TC offers from other firms so push grad rec to give them an earlier decision so they can decide within the deadline. I wouldn't worry, good luck!
     

    Jessica Booker

    Legendary Member
    TCLA Moderator
    Gold Member
    Graduate Recruitment
    Premium Member
    Forum Team
    Aug 1, 2019
    14,505
    20,199
    Following the vacation scheme I have accepted a training contract offer from Travers Smith! Woohoo!


    If anyone reading this is a career changer, in their first cycle or feeling overwhelmed - you can do this! Happy to help anyone in any way I can.
    Congratulations - this is fantastic news!

    Clap Applause GIF
     
    • Like
    Reactions: Lily1234

    Adrian_S

    Legendary Member
    Gold Member
    Premium Member
    M&A Bootcamp
    Jan 13, 2021
    436
    2,632
    If anyone's done the V&E vacation scheme, do you remember when grad rec said they'd get back to us with offers? Was it towards the end of August (I could be misremembering this)?
     
    Status
    Not open for further replies.

    About Us

    The Corporate Law Academy (TCLA) was founded in 2018 because we wanted to improve the legal journey. We wanted more transparency and better training. We wanted to form a community of aspiring lawyers who care about becoming the best version of themselves.

    Newsletter

    Discover the most relevant business news, access our law firm analysis, and receive our best advice for aspiring lawyers.