Law boy - You don’t necessarily have to pay back the money. It depends on your contract which you need to read IN DETAIL right now! Most firms will require you to at the very least pay back the sponsoursip grants however.
Chris - you’re right that 50% of law students studying LPC and conversion course do not have Training Contracts, but this is usually because these studnets haven’t been able to get contracts because of poor academic merit/qualifications or because they have been too lazy to apply!!
Most lay firms recruit and hire for Training Contracts that start 2 - 3 years in the future. For this reason LPC students qualifying may be able to prove an ability for the law, but will be unable to work for two years at a good firm. And this is not good for anyone.
The best route for graduates looking to work for law firms is to start applying from september three years before they plan to start working at a company.
-For non-law students this would be the year before the GDL/conversion course.
-For law students this would be approx second or third year of uni (depending on length of course).
Good luck everyone!