UK Legal Jobs Market is buoyant
Ten-Percent Legal Recruitment has seen a changes in fortune for the better this month, says Jonathan Fagan. “At the start of the year, there was a great feeling of foreboding amongst solicitors I think that everything was about to change, and the market drop. However, our statistics equal last year for our placements on the permanent side, and as permanent recruitment is usually the first to drop off, we think that the legal job market is buoyant.”
"We are good on all permanent fronts, not so good on temporary fronts, although this is fairly normal for us. Will pick up on the latter in a few weeks I suspect as moves start to take place.
Conveyancing is just about holding still, although starting to see a trickle of redundancies. London has not had much action this year yet, but I seem to recall this being the same for the last few years. One interesting change this year was a recent vacancy we picked up for central London, which attracted over 30 applications from solicitors. In usual recruitment circles, this is probably quite a low pick up rate, but for legal recruitment it is extremely good. A good few of these were applying as a result of impending redundancy at their existing firm, so this is a marker that the property market has probably slowed down, and things are changing.
It remains the same as always at NQ level - just not getting the vacancies into us in the same quantity - there are firms out there interviewing at present, and there seem to be increases across the board in the amount of work available. Commercial property remains busy, and there is a real lack of any good candidates in that field at times. There are signs of redundancy in commercial property work, as well as some long term locum contracts being ended"
www.ten-percent.co.uk has been recruiting lawyers since April 2000, and has over 2,000 legal jobs and 4,000 solicitors registered for permanent and temporary work.
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