Increasing number of solicitor vacancies across England and Wales

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23rd February 2016 11:41 - Professional Services

A recent professional services survey has revealed that job vacancies for solicitors increased by 40 per cent last year with the biggest rises being seen in insurance practices and technology.Increasing number of solicitor vacancies across England and Wales

The survey discovered that in London, there was a 41 per cent rise in job vacancies, with approximately 350 positions for lawyers in US and Magic Circle-headquartered companies. This figure represented a 57 per cent increase since 2014.

The biggest recruiters were found to be Clifford Chance and Hogan Lovells, whereas Silver Circle companies, Dentons Europe and Pinsent Masons were found to be the top recruiter of the ‘other firms’ category in London, with more than 1,100 jobs advertised after a 39 per cent increase.

At the elite companies, traditionally strong practice areas continued to dominate the market.

Of all the roles advertised, banking and finance represented just less than 25 per cent, whereas corporate, acquisitions, real estate and acquisitions were all close to 10 per cent.

In London, the specialisms which experienced the largest growth were risk management within technology, insurance practices, telecommunications and media.

Similar to the top-tier companies, technology and insurance were the fastest growing smaller practice areas in the ‘other firms’ category, although, vacancies in regulatory practices grew at a slower pace than average, unlike that of the top-tier companies.

Despite there being 150 companies in the ‘other firms’ category, it is top-heavy, with the busiest 19 companies offering 50 per cent of all the job vacancies.

In the rest of England and Wales, excluding London, there were 3,900 job vacancies – a 40 per cent increase on 2014.

In the South East, opportunities increased by 45 per cent, making it the second biggest region of growth after London.

The cities that offered the most jobs were Bristol (284), Birmingham (273, and Manchester (269). On the otherhand, the regions with the least vacancies were Wales and East Anglia.

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