Commercial Awareness Compass #26 | Rising rates, tighter budgets: navigating 2025’s wage and tax hikes
- Featuring:
- 17:00-17:30
- Wednesday 4th June
- An Expert Lawyer & Future Trainee Host
Join us for this week's Commercial Awareness Compass, a free weekly virtual session designed to help you develop the commercial mindset top law firms are looking for.
What's on the agenda?
Wage rises usually sound like good news, but the 2025 increases to the UK’s minimum wage and National Insurance contributions are creating real challenges for businesses, especially those with tight margins. In this episode, we explore how the changes affect law firms both as employers and advisors, what clients in sectors like retail, care and hospitality will need help with, and how legal work is already shifting as a result. From employment contracts to automation plans, the ripple effects go further than you might expect.
What is the Compass?
Each Wednesday, a future trainee solicitor and an expert lawyer will guide you through one major news story, breaking it down from beginner to advanced levels. You’ll gain a deeper understanding of how the story impacts the legal industry and beyond, equipping you with the insights needed to stand out in applications and interviews.
What You’ll Get
- Live 30-Minute Session: A structured breakdown of a key story with expert analysis.
- Tailored Insights: Progress at your own level, from foundational concepts to advanced perspectives.
- Weekly Summary: Can’t attend live? Get the key takeaways sent straight to your inbox.
Whether you're just starting out or aiming to refine your commercial awareness, this session is your opportunity to gain real, actionable insights to boost your legal career.
