‘Has anyone tried to negotiate a bigger SQE maintenance grant?’

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By Legal Cheek on

16

Aspiring lawyer worries about making ends meet

Graduation hat on piggy bank with stack of coins money on natural green background, Saving money for education concept
In the latest instalment of our Career Conundrums series, an aspiring solicitor questions whether they can survive financially during their SQE studies.

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“Hi Legal Cheek. Please keep anon. I want to know if any of your readers have asked for more money when it comes to their SQE maintenance grant. I don’t have TC yet but the types of firms I am looking to apply to make you study in London and I worry I won’t be able to survive on the £12k-£15k available. Do people get jobs to supplement this?”

If you have a career conundrum, email us at tips@legalcheek.com.

16 Comments

US guy

It’s absolutely not going to happen. Sorry.

milk

Assuming you didn’t do GDL or masters then apply for sfe post grad funding

US Trainee

Yes, my cohort successfully negotiated a maintenance grant increase for the SQE this past year.

Just approach it like you would any commercial negotiation and politely set out the arguments as to why they should increase it. We cited the cost of living and also laid out how much similar firms pay – so do research that.

A law firm is a business and your employment is a transaction. Assuming the firm works in commercial law, I would expect them to respect attempts at reasonable negotiation, expressed respectfully of course.

But

Citing what other firms pay to ask for a pay upgrade normally severely pisses them off (any professional industry)

Kirkland NQ

More chance of me trading in my Lambo for a Kia

City Trainee

Unlikely.

However, some firms do offer a loan to future trainees (often interest free) that is taken out of your pay once you start at the firm.

Maybe worth an ask?

Future US Trainee

While there’s no guarantee, it’s definitely worth bringing this up with the graduate recruitment team. I’m a future trainee who recently approached grad rec (at a US firm), where I presented evidence supporting an increase in the maintenance fund. They were more receptive than I expected, and although the final decision was theirs, the maintenance grant has now been significantly increased to £20,000 (up from £17,000 when I signed my contract).

bill

I worked throughout my GDL and LPC because they are both easy and I am not a lazy slob.

Asparagus

Yes. I asked for a maintenance grant increase and they immediately promoted me to Partner instead. 100% recommend.

Future trainee

Yes,

My cohort did this this year. We sent the firm a letter requesting an increase and got a significant raise of 50%.

Future Trainee Silver Circle Firm

Yes! My trainee cohort wrote a letter and managed to get an increase from 12k to 18k

US Bank Legal

Treat the SQE as you would university, many people take up part time jobs to supplement income. It is only 1 year of working part-time and simultaneously studying the SQE, this in my view is a better long-term decision than taking out a masters loan- which are currently are subject to c.8% interest rates which massively takes away your net pay at EOM in addition to your undergraduate loans.

Anonymous

How did you support yourself in uni

Triple H

Provided you are respectful about it, there is no harm in asking. Negotiation is a part of your career.

Regional Trainee

I’m going to go against the grain of the comments suggesting part-time work. I have just finished my SQE LLM ahead of my training contract starting next month. The course is brutal and much more of a marathon than a sprint. I was working part-time at the beginning and realised very quickly that this wouldn’t be sustainable. Bearing in mind, I worked throughout my undergraduate degree and sometimes worked multiple jobs at anti-social hours. SQE 1 and 2 in particular require so much of your energy. I treated it like a full-time job in terms of study hours and used Toggl to time record.

I would seriously recommend considering taking the SFE Masters’ Loan (£12,000ish) and saving what you can ahead of the course. I also “paid” myself monthly out of my savings to ensure that I was budgeting appropriately. Some trainees at my firm were also able to study online or from a different campus. I wish you all the best – money concerns on top of this course would be difficult to deal with.

In the know

Would not recommend working through the SQE, especially SQE 1, its a much more intense course than the LPC ever was and you don’t want to risk failing.

Definitely worth asking the firm, and present standard costs for living in london. A few firms pay 20 and that seems reasonable.

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