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There are 168,000 solicitors on the roll, and 133,000 have PCs. Although the JLD includes those who won't yet be on the roll (trainees etc) the numbers do suggest that there are rather too many, and I fear that Anon at 17.26 is right.

My own experience (anecdotal and not based on any comprehensive surveys) is that by 5 years PQE about a quarter of lawyers have left private practice. The surfeit will be one reason why.

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