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Heading for recovery?

01 April 2010
Issue: 7411 & 7412 / Categories: Features , Profession
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Yvonne Smyth takes the temperature of the legal job market

Although the legal profession has slowly started to recover, competition for jobs is still tough and professionals need to do their best to stand out from the crowd. Some firms have demonstrated resilience in the recession, with several even seeing a rise in the demand for their services, such as niche litigation firms that deal with professional negligence or insolvency. Specialist insurance and personal injury firms have maintained a steady workflow and insurance, professional indemnity, property and banking are all practice areas in litigation that remain busy. Currently, the banking and financial services, employment and litigation sectors are recruiting in-house roles. Regional recruitment hotspots currently include the South East and Birmingham.

Despite these pockets of buoyancy, confidence remains fairly low with employers only recruiting for business critical roles and professionals are still wary about making a career move. Salaries are largely stagnant although there are early indications that some firms may bring in slight increases this year. In-house, many professionals are deciding to undertake further

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MOVERS & SHAKERS

Hugh James—Phil Edwards

Hugh James—Phil Edwards

Serious injury teambolstered by high-profile partner hire

Freeths—Melanie Stancliffe

Freeths—Melanie Stancliffe

Firm strengthens employment team with partner hire

DAC Beachcroft—Tim Barr

DAC Beachcroft—Tim Barr

Lawyers’ liability practice strengthened with partner appointment in London

NEWS
Ceri Morgan, knowledge counsel at Herbert Smith Freehills Kramer LLP, analyses the Supreme Court’s landmark decision in Johnson v FirstRand Bank Ltd, which reshapes the law of fiduciary relationships and common law bribery
The boundaries of media access in family law are scrutinised by Nicholas Dobson in NLJ this week
Reflecting on personal experience, Professor Graham Zellick KC, Senior Master of the Bench and former Reader of the Middle Temple, questions the unchecked power of parliamentary privilege
Geoff Dover, managing director at Heirloom Fair Legal, sets out a blueprint for ethical litigation funding in the wake of high-profile law firm collapses
James Grice, head of innovation and AI at Lawfront, explores how artificial intelligence is transforming the legal sector
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