Legal Job Market Report December 2021

Here is our summary of the current state of the legal job market:

Locum Recruitment - Busy
The locum market still remains busy for this time of year than ever before, with a 100% increase in the number of assignments last month compared with the same time last year. We are starting to see availability for just about every assignment coming our way which remains a huge improvement on the summer season.

Conveyancing locums are available in most areas now. Other fields of law are generally not too bad at all, although family locums are a little scarce at the moment. Most corporate and commercial areas still attract a lot of interest, whether in private practice or in house.

Locum assignment updates here: https://www.interimlawyers.co.uk/category/locum-solicitor-updates/

Permanent Recruitment - Busy
There remains a shortage of good candidates for most jobs and we are now into the traditional dip in the market prior to the Christmas break. Most people have better things to do than apply for new jobs and usually the market drops completely until mid-January, which is good news for recruiters with Christmas shopping to do! However as most job interviews are still being undertaken via Zoom and Teams we anticipate interviews taking place right up until Christmas Eve, which does not usually happen. The decrease in new lawyers registering with us remains acute - we are 100% down this month again in new candidate registrations.

Vacancies can be viewed here: https://www.ten-percent.co.uk/vacancies/

Law Firms for Sale - Busy
Quieter this month than last, but a new national client seeking to purchase a number of firms quickly has pushed our workload up a bit from the usual dip in our workloads. There has been a noticeable change in potential values of firms downwards, courtesy we think of the hostile PII market in recent months.

Full list at https://www.jonathanfagan.co.uk/law-accountancy-firms-for-sale/. For a confidential discussion about a potential sale or purchase please ring 01824 780937 and speak to Jonathan Fagan or email jbfagan@ten-percent.co.uk.

Ten Percent Legal Recruitment Statistics

General Statistics for November 2021 (bracketed number is for November 2020)
New permanent vacancies added: 46 (25)
New locum vacancies added: 50 (20)
New candidates registering: 34 (88)

IHS Markit / CIPS UK Services PMI Report December 2021

Headlines
New business growth hits five-month high despite surging price inflation
Strongest increase in new work since June
Output growth eases slightly from October's three-month high
Input costs and prices charged rise at record rates in November

Summary:

A strong recovery in UK service sector activity continued during November, helped by the fastest rise in new business intakes for five months. Export sales were a key factor supporting growth across the service economy in November, with looser travel restrictions contributing to the steepest upturn in new business from abroad since March 2017. The latest survey data highlighted another round of rapid cost inflation, driven by higher fuel prices, wages and utility bills. Prices charged by service providers also increased at the fastest rate since the survey began in July 1996.

https://www.ten-percent.co.uk/legal-job-market-report-december-2021/

Overpaid Charity CEOs - top 40 of high paid employees - updated 2022

In 2014, we wrote an article about high pay in the charity sector after the Charity Commission started to require all charities to disclose pay of senior executives earning more than £60,000. We have updated the list for 2022, with a comparison chart so you can see the difference between 2014 and 2022. We have included the source of the most recent salary levels and the year refers to the accounts year we extracted the salary information from. 2022 Top 40 Chart of High Paying Charities Charity Highest salary Year Consumers’ Association £390k-£400k 2020 MSI Reproductive Choices £240k-£250k 2020 Save the Children International £285k-£300k 2020 Cancer Research UK £240k-£250k 2020 The British Red Cross Society £170k-£180k 2020 Age UK £180k-£190k 202...

Is it possible to work as a Paralegal when you are a Qualified Solicitor

This question comes up all the time and is quite a common query that we imagine the Solicitors Regulation Authority (SRA) are getting better at answering due to the sheer number of people asking the question. Many years ago the advice seemed a bit varied at times, but we have recently had a candidate who wanted to work in a locum role in the short term and waiting to go back on the Roll and get a practising certificate after some time spent outside the profession. She has been given fairly concise advice on whether she could work as a paralegal whilst waiting to be readmitted which we are repeating here. This article is written as a discussion point and is not intended to be advice in any shape or form. For full advice on your particular set of circumstances please speak to the SRA (or whoever else you like, but please do not depend on the information in this article!). The SRA have a simple online test to determine if you need a practising certificate and th...

What questions are asked in an Investors in People Assessment?

Recently Ten Percent Legal Recruitment was assessed for the investor in people accreditation. We worked very hard on this and spent some time as a company ensuring that all our procedures and policies were in place and that our staff were aware of the various requirements of the Investor in People process. We wondered how the assessment would go and also what the questions were likely to be during the interviews. The assessor was very friendly and explained from the outset what she was wanting to do and we were already aware that we would have thirty minute interviews with the directors and managers and twenty minute interviews with the staff. We also had the Investors in People programme so we were able to look and see what the actual questions would be based on, but there was nowhere to indicate what questions would be asked in the investor in people assessments. So if this helps anyone else, here are the questions we were asked in our investors in people accreditation: The assessor ...

Legal Recruitment Blog

Search This Blog