Accessibility Links

Legal – Mid Year Market Report 2012

Download / view PDF

Legal recruitment in the financial services sector suffered in the second half of 2011 and was the worst performing area of corporate governance recruitment. It at least partially recovered during the first half of 2012 as the number of vacancies rose.  Whilst vacancy generation accelerated in the second quarter of 2012, a portion of this increase is seemingly due to lawyers leaving the financial services sector for a wide range of reasons.

In the final quarter of 2011, Eurozone inspired uncertainty brought the expansion of in-house commerce legal teams to a halt. In 2012, the struggling global economy has increased the focus on containing costs and limiting non-essential investment, which includes recruitment. In-house commerce recruitment remains under pressure. 

  • New vacancies from our sample financial services groups rose from 38 in the second half of 2011 to 44 in the second half of 2012.  
  • The number of lawyers accepting new in-house positions in the second half of 2011 was 61% lower than the peak achieved in the first half of 2010.
  • Salary increases achieved by in-house financial lawyers changing jobs rose from 7% in the second half of 2011 to 13% in the first half of 2012.

 

For a detailed analysis of the current Legal recruitment market, complete with up to date predictions, click on the graphic to download the full report.

If you have any problems accessing the report or would like to discuss any aspect of it, please call 020 7936 2601. We hope you enjoy the report and would very much appreciate your feedback.

Latest jobs

Banking and Asset Management Audit Manager
  • Location London
  • Salary £50-100,000 + Bens
  • Job type Permanent
  • Sector Banking, Asset management/Funds , Other Financial Services
  • Description Following an internal restructuring this well-known full service bank is looking to hire a bright banking and /or asset and wealth management internal auditor. More important than level is the
Senior Auditor Asset Management
  • Location London
  • Salary To.£70,000 + Bens
  • Job type Permanent
  • Sector Asset management/Funds
  • Description This International Asset Management company is one of the largest in the world and it is investing heavily in London which is its European base.  It has been growing its internal audit function
Information Security Manager
  • Location London
  • Salary To £100,000 + bonus + bens
  • Job type Permanent
  • Sector Cyber Security, Information Security
  • Description A leading global investment manager has an opportunity for a senior Information Security Manager to be responsible for Security Operations and Information Risk for their EMEA region
Latest news