1 in 5 lawyers would quit their job to be on The Apprentice

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20th October 2015 11:35 - Professional Services

A recent professional services survey by legal recruiter, Laurence Simons, has revealed that nearly 1 in 5 (18 per cent) of lawyers would quit their job to be on the 1 in 5 lawyers would quit their job to be on The ApprenticeBBC reality TV show, The Apprentice.

The figure of 18 per cent marks a decline on the results of the same survey conducted in 2011, when 25 per cent of lawyers said that they would quit their job in law to appear on The Apprentice.

When the beancounters in the survey were questioned, 31 per cent said that they would leave their role to be on The Apprentice, a marked increase on 2011’s figure of 21 per cent.

According to Laurence Simons, the high percentage of legal and accountancy professionals willing to quit their job in favour to be on The Apprentice can be explained by the change in the prize for the winners of the programme. Pre-2011, the winners of The Apprentice won a £100,000 per annum job, however, in 2011, the prize changed to a £250,000 investment in return for a 50% stake in a new company launched by the victor.

The survey findings indicate that this shift has deterred less entrepreneurial lawyers, but is attractive to accountants. On the other hand, it could suggest that those working in accountancy are more willing to give up their career and are more likely to be enticed by the prospect of being on the TV programme.

Dave Way, Chief at accountancy recruiter, Marks Sattin, said of the industry:

“With the 2011 Legal Services Act opening the doors for the Big Four accountancy firms to build up their legal services divisions, the tables have turned in the last four years with accountants now showing more willingness to take risks than lawyers. Accountants may truly become the chameleons of the professional services world.”

The researchers interviewed 300 legal and accountancy professionals as part of the market research.

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