Allen & Overy has confirmed it will increase the maintenance grant it awards for future trainees taking the legal practice course (LPC) – the last of the magic circle firms to do so.The firm said its grant will be increased by 43%, from £7,000 to £10,000. It will be backdated to the January 2018 LPC class.Claire Wright, graduate recruitment partner at A&O, said the increase is in ‘recognition of the fact that living costs have increased and as part of our overall commitment to social mobility’.She added: ‘We have a responsibility to ensure our profession is attractive and accessible to talented people who have the potential to succeed. We don’t want financial considerations to be a barrier to entry.’Last week Slaughter and May and Linklaters signified their intention to increase the grant from £7,000 to £10,000. Earlier this year, Clifford Chance and Freshfields Bruckhaus Deringer also boosted the grants by the same amount.All five magic circle firms cover LPC course fees.
Alonso’s car has failed to complete six races this season, and his best finish so far is sixth. He said he had “many options” both inside and outside of Formula One, but added that “very good news is coming”.“Whatever I do next year is because I want to win. I will not be around in any series to be fighting for top 10 or top 15,” he told reporters ahead of the Singapore Grand Prix.“There are many options out there that I’m looking at. Formula One is my first and only priority so I will wait to make a decision on that before making decisions on other series.“At the same time I want to give time to my team. After the last three years, the struggles we went through together, to have time for them to make decisions, to see the future, next year’s car. And after they take decisions I will take mine.”Alonso’s comments appear to hint that he will stay at McLaren next year if they axe Honda, which is strongly rumoured to happen before Sunday’s race.Alonso, 36, is one of the oldest drivers on the grid, and he also hankers after becoming only the second man after Graham Hill to complete motorsport’s Triple Crown — winning the Monaco Grand Prix, Indy 500 and Le Mans.– ‘Game of chess’ –Alonso last year skipped Monaco to race the Indy 500 but he seemed hopeful that he would contest the famous street grand prix next season.“If I remain in Formula One it is because I can believe that I can win next year. So that will make the decision a lot easier because I will be in Monaco because I won’t want to lose any points,” he said.Singapore’s night street circuit has proved particularly popular with fans and drivers since making its debut in 2008 © AFP / ROSLAN RAHMAN“The priority is Formula One… and the Triple Crown is in the background. I’m waiting for my current team to make their decisions and after that, to negotiate.”He added: “For my fans and for motorsport lovers, they will have a fantastic 2018 season. The plan is ongoing and very good news is coming.”Alonso last month denied telling McLaren he’d quit if they don’t ditch Honda. Multiple reports say Honda will open a partnership with Toro Rosso, whose driver Carlos Sainz is tipped to join Renault as part of the deal.Sainz said he couldn’t comment on the rumours but he added: “My ambition is to try and be a world champion one day. Whatever path there is, I will take the shortest path.”World championship leader Lewis Hamilton, who has won two of his three drivers’ titles since leaving McLaren for Mercedes in 2013, said: “Formula One is like a game of chess.“It’s really about picking your moves at the right time and hopefully you have enough options.”0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Fernando Alonso has been making noises all season about quitting McLaren, who are widely expected to dump their misfiring Honda engines and go with Renault instead © AFP / MANAN VATSYAYANASINGAPORE, Singapore, Sep 14 – Fernando Alonso on Thursday said he’d give McLaren a chance to settle their plans before making a decision about his future — but warned that he wouldn’t stick around in a losing car.The frustrated two-time world champion has been making noises all season about quitting the British team, who are widely expected to dump their misfiring Honda engines and go with Renault instead.