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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

Gibson Dunn—London partner promotions

Gibson Dunn—London partner promotions

Firm grows international bench with expanded UK partner class

Shakespeare Martineau—six appointments

Shakespeare Martineau—six appointments

Firm makes major statement in the capital with strategic growth at The Shard

Myers & Co—Jess Latham

Myers & Co—Jess Latham

Residential conveyancing team expands with solicitor hire

NEWS
One in five in-house lawyers suffer ‘high’ or ‘severe’ work-related stress, according to a report by global legal body, the Association of Corporate Counsel (ACC)
The Legal Ombudsman’s (LeO’s) plea for a budget increase has been rejected by the Law Society and accepted only ‘with reluctance’ by conveyancers
Overcrowded prisons, mental health hospitals and immigration centres are failing to meet international and domestic human rights standards, the National Preventive Mechanism (NPM) has warned
Two speedier and more streamlined qualification routes have been launched for probate and conveyancing professionals
Workplace stress was a contributing factor in almost one in eight cases before the employment tribunal last year, indicating its endemic grip on the UK workplace
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