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Legal – Compensation and Market Trends Report 2014

Our 2014 Mid-Year Report combines a review of the prevailing conditions in the in-house legal recruitment market with the results of a comprehensive compensation survey of lawyers registered with Barclay Simpson. The results of the survey together with our own experience allows us to report that, in spite of tight corporate cost controls, demand has grown and is underpinned by the confidence of a strengthening economy and an expansive regulatory environment. We hope you will find the conclusions interesting.    
  • The number of vacancies rose in the first six months of 2014.   
  • Whilst averages are made up of a wide range of individual experiences, the average salary increase for lawyers changing jobs is currently 16%, up from 14% reported in 2013. 
  • The average increase for those staying with their existing employer is 5% which is unchanged on 2013.  

Click on the graphic to download the full report.

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