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.