Tuesday, June 14, 2016

New Candidate Registrations Update dated 22nd June 2016

Our new candidate update has just gone live on the Ten-Percent website. It contains a list of all the candidates registered with us in the last 7-10 days.

You can view it here: http://www.ten-percent.co.uk/new-candidate-update-june-22nd-2016/

Previous 7 days list is here:  http://www.ten-percent.co.uk/new-candidate-update-june-14th-2016/

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database.

Thursday, June 09, 2016

Legal Recruitment News June 2016

The latest edition of Legal Recruitment News has been released. It can be read at www.legal-recruitment.co.uk 


Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. Our Legal Careers Shop has eBooks on CV Writing for Lawyers, Legal Job Interview Guide, Interview Answers for Lawyers, NQ Career Guide, Guide to Finding Work Experience or a Training Contract and the Entrants Guide to the Legal Profession.

Euro 2016 Finals and how to survive them

Euro 2016 finals and how to survive them
Its that time of year again when football has an effect on just about everything going on in the workplace and the economy. Forget the ins and outs of the EU referendum campaign - we have noticed the effect of the football phenomenon every year the World Cup or the Euros have been played. Business seems to just stop. Suddenly the national team takes pride of place.

Some employers are very good at identifying the desire of their employees to watch the match, or at least pay it some attention rather than their work. Other employers are pretty hopeless.

Here is our guide to surviving the Euros - for employed staff and employers:

1. Shut the office for the afternoon on Thursday June 16th. This is when England play Wales - kick off at 2pm. Even if you stay open the vast majority of your employees will be busy staring into space and glaring at you intermittently. People never forget this type of thing and it will be remembered...
2. Give staff the opportunity to leave early if needs be on matchdays. For Irish fans this will be Monday 13th June (kick off at 5pm v Sweden), Thursday 16th June (Northern Ireland kick off at 5pm v Ukraine) and Tuesday 21st June (Ireland v Germany).
3. Offer staff the option to make up the hours by coming in an hour early on these days.
4. If you have to stay open give staff the option of listening to the game on the radio or via the iPlayer whilst they work.
5. The later stages of the tournament have no matches in the day apart from Monday 27th June (5pm kickoff). This means that no hours should be lost, and also means that the only day you really need to think about is Thursday June 16th..

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. 

Wednesday, May 18, 2016

New Candidate Update May 18th 2016

New Candidate Update just out on the Ten-Percent Legal site -

http://www.ten-percent.co.uk/legal-solicitors-update-may-18th-2016/

Includes Solicitors, Legal Executives, Legal Secretaries, Office Managers, Paralegals and Legal Cashiers.

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. 

Wednesday, May 11, 2016

Hourly Rates of Pay for Locum Solicitors and Legal Executives from Interim Lawyers and Ten-Percent Legal Recruitment updated May 2016

Locum hourly rate payment varies widely according to the demand, length of assignment, level of experience and advance notice available. NB: These rates are intended as a guide only. Hourly rates can vary according to the location, duration and level of expertise.

April 2016 Private Practice Law Firm Locum Rates:
* Conveyancing Locum Solicitors – 1-3 years PQE, handling residential standard sale price only – £28-30 per hour (variation for central London – £29-33 per hour).
* Conveyancing Locum Solicitors & ILEX – 5-35 years PQE, handling all levels of conveyancing including managing a department – £30-£40 per hour, including central London.
* Commercial Property Solicitors – 1-40 years PQE - £35-45 per hour.
* Wills & Probate Solicitors and Executives – 3-35 years PQE – £35-40 per hour.
* Family Solicitors – 4-40 years PQE – £25-30 per hour. Occasionally this goes up to £35 per hour for short notice or a few days cover.
* Civil Litigation – 1-35 years PQE. £25-35 per hour. These rates cover mainstream litigation – eg county court and small claims matters.
* Corporate Commercial Locum Solicitors - 5-45 years PQE. £35-75 per hour. Usual rate in small-medium law firms is around £40-50 per hour.
* In House Locum Solicitors - 3-35 years PQE. £35-60 per hour. Usual rate in a larger sized blue chip company legal department is c.£50 per hour.

NB all rates exclude agency fees. If you use Interim Lawyers/Ten-Percent Legal we charge 18% of the rates and bill you monthly. The rates are for self-employed locums billing firms directly on a weekly basis.

Hourly Rate, Weekly Rate and Salary Equivalents:
£25 per hour = £937.50 per week or £45,000 per annum (assuming a 7.5 hour day and a 48 week year).
£30 per hour = £1,125 per week or £54,000 per annum.

We have over 11,000 lawyers registered with us. To request CVs for a specific vacancy please register your vacancy - Locum or Permanent

Locums Available Immediately
We have over 700 candidates registered for locum work. Register Vacancies - Locum or Permanent

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. Our Legal Careers Shop has eBooks on CV Writing for Lawyers, Legal Job Interview Guide, Interview Answers for Lawyers, NQ Career Guide, Guide to Finding Work Experience or a Training Contract and the Entrants Guide to the Legal Profession.

2/3 of BPTC Graduates fail to get Pupillage

New analysis, reported in the Gazette this week, has shown that almost 5,000 students started the course between 2012 and 2014, 72% of these have passed so far, and 35% of BPTC graduates have gained pupillage since completing the course between 2011 and 2013. This means that 2/3 of graduates do not get pupillage despite spending the equivalent of a house deposit on a course that has essentially failed to progress their professional careers.

With the cost ranging from £12,500 up to £18,000 (mostly at the upper end), this means that in two years the course generated up to £90 million in course fees for the various providers and from this only roughly 1,500 are likely to actually have succeeded in gaining pupillage and as a result succeeding with the aim of the course.

The Bar course (and the LPC) should both carry large warnings in any literature - if you spend £10-18k on this course there is a very good chance you will not progress your legal career any further than if you had given the whole lot to charity. It has always been the same for the bar - you need connections and achievements plus experience. For solicitors connections help but are not essential, but again you do need achievements plus experience. The LPC and BPTC are just hoops to jump through and make very little difference to chances of success.

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database.

Friday, April 15, 2016

Hourly Rates of Pay for Locum Solicitors and Legal Executives April 2016 Update

Locum hourly rate payment varies widely according to the demand, length of assignment, level of experience and advance notice available. NB: These rates are intended as a guide only. Hourly rates can vary according to the location, duration and level of expertise. They are sourced from our work through www.interimlawyers.co.uk and www.ten-percent.co.uk dealing with a range of locum assignments across the UK.

April 2016 Private Practice Law Firm Locum Rates:

 


* Conveyancing Locum Solicitors – 1-3 years PQE, handling residential standard sale price only – £28-30 per hour (variation for central London – £29-33 per hour).
* Conveyancing Locum Solicitors & ILEX – 5-35 years PQE, handling all levels of conveyancing including managing a department – £30-£40 per hour, including central London.
* Commercial Property Solicitors – 1-40 years PQE - £35-45 per hour.
* Wills & Probate Solicitors and Executives – 3-35 years PQE – £35-40 per hour.
* Family Solicitors – 4-40 years PQE – £25-30 per hour. Occasionally this goes up to £35 per hour for short notice or a few days cover.
* Civil Litigation – 1-35 years PQE. £25-35 per hour. These rates cover mainstream litigation – eg county court and small claims matters.
* Corporate Commercial Locum Solicitors - 5-45 years PQE. £35-75 per hour. Usual rate in small-medium law firms is around £40-50 per hour.
* In House Locum Solicitors - 3-35 years PQE. £35-60 per hour. Usual rate in a larger sized blue chip company legal department is c.£50 per hour.

NB all rates exclude agency fees. If you use Interim Lawyers/Ten-Percent Legal we charge 18% of the rates and bill you monthly. The rates are for self-employed locums billing firms directly on a weekly basis.
 
Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. 

Lawyers identified as high earners by the BBC - surely some mistake?


Recently the BBC did a study on salaries to be expected by graduates entering the different professions (http://www.bbc.co.uk/news/health-34475955) - this was in the context of analysing how much junior doctors were paid. Lawyers came out top and the BBC gave an average starting salary of £37k.

This week the Law Society Gazette have given exposure to a pretty obvious press release from an investment company, Bower Cotton, who had done a far reaching study of c.100 lawyers to determine that over 40% were going to rely on property to fund their retirement. I suspect that the press release has been copied word for word into the Gazette! The article also refers to it being possible for lawyers to be 'amongst the top earners' and having a good amount to invest.

Both of these are strong evidence of either a high level of ignorance or a total lack of interest in checking facts before producing articles. Quite how the BBC got to the average they did in their article is not clear. Working with hundreds of smaller sized and fairly normal/average solicitors firms gives us the awareness that the majority of lawyers will not have seen salaries similar to those quoted in the article in the first 5 years of their career.

Furthermore, the vast majority of private practice solicitors are not going to be amongst the top earners. Most are more likely to be extremely average - £30-40k is the expected level of salary for most solicitors working on the high street in law firms throughout their careers. It is unclear whether many lawyers have undertaken any retirement planning at all. What do you do to gain an income on retirement if your monthly income is too low to do much more than pay the mortgage and keep the family fed and in clothes?

I am not sure who has a vested interest in promoting the high salary figures, which in my experience only apply to large national law firms or London City law firms. Providers of the Legal Practice Course and the LLB? The profession generally? After all it benefits us all to have the pool of applicants as large as possible in order to keep salaries low.

I look forward to the day when I read an article that starts "Revealed - most lawyers earn less than teachers and police officers - contrary to popular opinion".
 
Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. 

Thursday, April 14, 2016

▪ The Cooperative Bank & Legal Services and a slick sales demo

The Co-operative Bank, Co-operative Legal Services - an amazing demonstration of subliminal referrals

An elderly relative has recently died in our family and I rang the Co-operative Bank to ask them what information they required from the family in order to remove a name from a joint account.

I called the main bank number and explained I was simply making an enquiry about name removal. The operative asked me for the bank account number in question and a bit more information about the deceased. I gave them this and was advised that I would be put through to the probate team who would be able to advise me.

After waiting for about 5 minutes I spoke to someone I thought was in the bank's probate department who advised me that I simply needed to take a certified copy of the death certificate into a local branch or post it to head office. He then advised me that he just needed to take a few more details from me for their "Bank Notification Scheme" and that it shouldn't take more than a few minutes. I agreed to this, but suddenly remembered a letter in the Law Society Gazette some time ago from a solicitor who had experienced something similar and asked who I was speaking to. A referral presumably had occurred because I was informed that no longer was I speaking to the Cooperative Bank but instead I was communicating with the Cooperative Legal Services.

This was of course the standalone Cooperative Legal Services ABS and I had been referred to it! I hung up immediately, fairly shocked that in such a delicate time the Cooperative, an organisation priding itself on its ethical approach to customers, had attempted this subterfuge on me.

I really had no idea that this had happened - neither operative indicated that my query was being handed over to a separate law firm (which is in essence what the Cooperative Legal Services is) and I can only presume that after about 10 minutes of taking information from me the operative would have finally advised me that I was speaking to him about using their probate service and provided me with a quote for this. As it happened I already knew that probate was not required - the elderly relative in question had no assets - and I had not at any time been asked to consent to being transferred through the law firm or indeed asked a question about probate.

It is a good example of how referrals can be made. So many marketing gurus go on and on about cross-referrals within organisations - highlighting the services of a litigation department to wealthy property purchasers with senior positions in business is but one example.

The Cooperative, it appears, have taken this approach to another level... Very cynical marketing I think - well below the level one would expect from an ethical business..




Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database. 

Thursday, March 03, 2016

Large Company buys up loads of law firms, attempts to take over the high street law market - and fails. Quelle surprise?

Hmm. Slater & Gordon are struggling - job losses, share value dropping, company turnover plummeting.. Our local radio station seems to have stopped playing adverts mentioning the local law firm brand aged 100 years+ with the added catchphrase "part of Slater & Gordon".

Is this going to be a new competition? Guess how long the new legal market entrant is going to last?

When are large multinationals and organisations going to realise that high street law is profitable to a certain degree but seemingly very dependent on a relatively small scale operation?

Anyone remember the bulk conveyancing operations of the 1990s and 2000s? Barnetts in Southport is a good example. The senior partner there seemed to be the Law Society Gazette favourite whenever a quote was needed on modernising the way high street law firms worked. He was forever commenting on how profitable everyone could be if only they looked to the future. Now look at them - RIchard Barnett was struck off for using a loan to pay off his firm's overdraft in a desperate effort to stay afloat.

So many worries about Tescos Law - Quality Solicitors setting up in WH Smiths, the Cooperative Legal Services division expanding, the AA and even Stobarts trucking have all had a go. Have they been lured in by very inaccurate media reports of fat cat solicitors raking it in from legal aid and volume conveyancing/personal injury operations?

Who is going to be next - perhaps Sainsburys could take over a large regional law firm and attempt to conquer the world?

Jonathan Fagan is Managing Director of Ten-Percent Legal Recruitment and a non-practising Solicitor. Ten-Percent Legal Recruitment provides online Legal Recruitment for Solicitors, Legal Executives, Fee Earners, Support Staff, Managers and Paralegals. Visit our Website to search our Vacancy Database.