Opportunities in legal recruitment improving
Not surprisingly the financial services and City recruitment markets were badly hit by the credit crunch and subsequent recession. Lawyers working for the investment banks at the epicenter of the crisis found their job security and prospects severely undermined. The low point for the recruitment market occurred during the first half of 2009 and a slow but steady recovery has been underway since then.
At the start of 2010 some sense of normality has returned to the recruitment market. Whilst demand is low in historic terms and finding a new position remains challenging and highly competitive, there is no doubt that many banks and financial services companies are now recruiting with an intent that has been absent for almost two years.
We are cautiously optimistic that as 2010 develops the legal recruitment market will continue to improve. There will be fewer redundancies and more opportunities.
For more information on the legal recruitment market and a comprehensive guide to the current legal salaries visit: Legal 2010 Market Report
For more information on the current in-house legal recruitment market, please contact Tracy Brown tb@barclaysimpson.com or Jane Fry jf@barclaysimpson.com for London based roles or Sophie Spencer ss@barclaysimpson.com for Middle East opportunities or telephone on 020 7936 2601. |
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