Are you considering applying for a vacation scheme but wondering if it’s worth your time and effort? One of the most common questions that students have is whether they will get paid during their vacation scheme. In this article, we’ll explore this question in detail and provide you with all the information you need to make an informed decision.
What is a Vacation Scheme?
Before we delve into the topic of payment, let’s first understand what a vacation scheme is. A vacation scheme is a short-term internship program offered by law firms to law students.
It typically lasts for two to four weeks and provides students with an opportunity to gain practical experience in a law firm environment. Vacation schemes are often seen as a pathway to securing a training contract with the firm upon graduation.
Are Vacation Schemes Paid?
The answer to this question is not straightforward as it depends on the law firm offering the vacation scheme. Some firms do offer payment for their vacation schemes, while others do not. However, it’s essential to note that even if you are not paid during your vacation scheme, you may still be entitled to reimbursement for your expenses.
Paid Vacation Schemes
If a law firm offers payment for their vacation scheme, it typically ranges from £250 to £500 per week. Some firms may pay even more than this, but it’s rare. Payment is usually made at the end of each week or at the end of the scheme.
Unpaid Vacation Schemes
If a law firm does not offer payment for their vacation schemes, they may still cover expenses such as travel costs or accommodation. It’s important to check with each firm individually regarding their policy on expenses.
Is Payment Important?
While being paid during your vacation scheme can be beneficial, it should not be the sole factor when considering which firms to apply to. The experience gained during a vacation scheme, the networking opportunities, and the potential for securing a training contract are all equally important factors to consider.
Conclusion
In summary, whether you get paid during your vacation scheme depends on the law firm offering it. Some firms offer payment, while others do not.
However, even if a firm does not offer payment, they may still cover expenses such as travel costs or accommodation. Ultimately, being paid during your vacation scheme should not be the sole factor when considering which firms to apply to. Instead, focus on gaining valuable experience and making connections that could lead to a training contract in the future.