We have been asked a question today by a 2 partner practice in Central London - what, in our opinion is the cheapest and most effective way to expand a law firm? The firm started by asking us how they get to take on a solicitor who would be prepared to join a firm and work on a profit share basis. Could they recruit a former sole practitioner who maybe had had enough, and does that type of candidate exist? They have the space, they have the capacity to recruit more staff and would like to expand the firm. We advised them that yes, these types of candidate exist. A law firm cannot expect to immediately fill this type of vacancy - in fact we do not work them unless firms join us as members (details on our website at www.ten-percent.co.uk/membership-services ). Law firms can see that solicitors are prepared to work on a commission only basis, a fee split or a profit share - you can see large full page ads in the back of the Law Society Gazette to get an idea of this. Similarl...
Award winning blog with 100s of articles on the legal profession, legal recruitment and legal job markets by Jonathan Fagan, MD of Ten-Percent Legal Recruitment, recruitment consultants based in the UK providing a full range of services for solicitors.