in Legal Job Market Reports

Legal Job Market Report October 2nd 2012

Legal Job Market Report October 2nd

The market report for September is a little more detailed than July/August. The locum market has quietened down – instead of the usual 10-15 new assignments we have been getting in over the summer the number has gone down to about 3 or 4. September can often either be busy because of interviews running over from the summer or very quiet as law firms get back to the day to day life after taking holidays in the summer or spending more time working out child care for the kids.

Commercial Law Firms and In House:
Quiet, very quiet would be the quick response. We have seen very little recruitment on this side of things. Employers seem to have been holding back in recent times and not much activity spotted at all. We have had a few commercial litigation posts in and a couple of employment locum posts but that is all.

On the High Street:
Redundancies are still occurring. There seems to be an increasing number of crime solicitors registering with us and currently earning £45k, looking for a move. Suspect the vast majority of these are under threat of redundancy as law firms work out the harsh economic realities of not being paid very much more than this by the LSC!

Conveyancing, private client and commercial property is busy. We keep taking locum bookings from firms taking on locums to cope with the extra demand. It seems that large amounts of buying and selling of houses is going on in some parts of the country.

Family – we are expecting a wave of new recruitment as it is almost 12 months from the last round of LSC contract signing. Private family law work seems to be very quiet, although we have recruited a few on this front in recent months.

Our £3,600 for 5 years Unlimited Recruitment Service is still going strong and we are (very) gradually drawing closer to our 100th member law firm. Cost savings to our 60+ firms are already estimated to be around £250,000. Over 60% of members undertake LSC funded work in some capacity and 33% have less than 2 partners. The service is restricted to firms with less than 100 staff. September saw our fastest ever recruitment – a firm signed up and had recruited a senior solicitor within 48 hours. Total cost to date: £60.

In September 2012 we had 99 new solicitors register with us, together with just short of 600 paralegals and non-qualified staff (in response to specific law firm member vacancies). We restrict our candidate database to ensure we only register qualified or suitably experienced staff.

Legal Job Market Report October 2nd
Good morning and welcome to the October edition of Legal Recruitment News from the Ten-Percent Recruitment Group. Our websites include Ten-Percent Legal Recruitment, Crime Solicitor Recruitment, Interim Lawyers, Legal-Recruitment and many more.

The market report for September is a little more detailed than July/August. The locum market has quietened down – instead of the usual 10-15 new assignments we have been getting in over the summer the number has gone down to about 3 or 4. September can often either be busy because of interviews running over from the summer or very quiet as law firms get back to the day to day life after taking holidays in the summer or spending more time working out child care for the kids.

Commercial Law Firms and In House:
Quiet, very quiet would be the quick response. We have seen very little recruitment on this side of things. Employers seem to have been holding back in recent times and not much activity spotted at all. We have had a few commercial litigation posts in and a couple of employment locum posts but that is all.

On the High Street:
Redundancies are still occurring. There seems to be an increasing number of crime solicitors registering with us and currently earning £45k, looking for a move. Suspect the vast majority of these are under threat of redundancy as law firms work out the harsh economic realities of not being paid very much more than this by the LSC!

Conveyancing, private client and commercial property is busy. We keep taking locum bookings from firms taking on locums to cope with the extra demand. It seems that large amounts of buying and selling of houses is going on in some parts of the country.

Family – we are expecting a wave of new recruitment as it is almost 12 months from the last round of LSC contract signing. Private family law work seems to be very quiet, although we have recruited a few on this front in recent months.

Our £3,600 for 5 years Unlimited Recruitment Service is still going strong and we are (very) gradually drawing closer to our 100th member law firm. Cost savings to our 60+ firms are already estimated to be around £250,000. Over 60% of members undertake LSC funded work in some capacity and 33% have less than 2 partners. The service is restricted to firms with less than 100 staff. September saw our fastest ever recruitment – a firm signed up and had recruited a senior solicitor within 48 hours. Total cost to date: £60.

In September 2012 we had 99 new solicitors register with us, together with just short of 600 paralegals and non-qualified staff (in response to specific law firm member vacancies). We restrict our candidate database to ensure we only register qualified or suitably experienced staff.

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Jonathan Fagan

Jonathan Fagan LLM FIRP is Managing Director of Ten-Percent Legal Recruitment. He has been recruiting solicitors and legal support staff for law firms and in house legal departments for over 17 years and handles roles from junior fee earners through to partners and law firm sales/purchases. A non-practising solicitor on the Roll since 2000, he is also the author of a number of legal career books, which are available at www.legalcareercoaching.co.uk. You can contact Jonathan at cv@ten-percent.co.uk