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Legal recruitment in recovery mode

The legal recruitment market is in recovery mode. This recovery is being led by the financial sector which in 2010 has enjoyed a particularly strong first half. A resurgent City and a tougher regulatory environment is resulting in demand that whilst not as comprehensive, is similar in its intensity to pre-crisis/recession levels. It is characterised by pockets of strong demand as the investment banks drive demand for transactional and product lawyers.

Demand has more recently started to recover within the in-house commercial sector. Vacancies are biased towards those that support effective operations and the front line of business.

Private practice started 2010 with little demand to recruit externally. Exceptions were litigation and ‘flagship’ practice areas. However as the year has progressed demand has grown and by the start of the second quarter demand for transactional and M&A expertise had increased. More recently this has included regulatory work in the financial sector, funds, insurance/reinsurance, general commercial and IT/IP work.

Should the economy continue to recover we expect the total number of lawyers employed in the economy to grow and we are therefore optimistic that demand will continue in the second half of 2010. However, in spite of the rebound in the recruitment market, the economic environment remains fragile.

For more information on the legal recruitment market and a comprehensive guide to the current legal salaries visit: Legal Interim Market Report





For more information on the current in-house legal recruitment market, please contact Tracy Brown tb@barclaysimpson.com, Jane Fry jf@barclaysimpson.com or Andrew Neil an@barclaysimpson.com or Shruti Srivastava ssr@barclaysimpson.com for private practice opportunities or telephone on 020 7936 2601.
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Regulatory Lawyer - Global Financial Institution More details & Apply
To £85,000 + bonus + bens  London
Our client is a large global financial services institution with a very wide service offering. A vacancy has arisen for a regulatory lawyer to join their wealth management division. Working very closely with internal colleagues both in the business a.... more details
In-house Lawyer – Funds, EMEA More details & Apply
£Competitive package  London - City
This large global investment management group has a significant London office and operates across a highly diverse range of asset classes. They are currently seeking to recruit an experienced funds lawyer to join the well regarded legal team.
<.... more details
Junior Employment Lawyer with French Law experience More details & Apply
  London
A global capital markets specialist offering a large selection of products to the financial services industry is looking to recruit a junior lawyer with French law experience. This is a superb opportunity for a bi-lingual lawyer to utilise their full.... more details
General Legal Counsel, Saudi National, 5+ More details & Apply
Excellent package  Jeddah
Our client is a prestigious energy projects company headquartered in Jeddah. A Saudi national lawyer is required to head up the legal function and will b eresponsible for managing the company's project, client and corporate legal documentation and en.... more details
Construction Lawyer 8+ More details & Apply
Excellent package  Dubai
Our client is building a prestigious horse-racing development in the heart of the Middle East. They now require a legal legal construction specialist who will effectively act as the legal number 2 or joint Head of Legal if senior enough. Regional con.... more details
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