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

Compliance Analyst - Up to $135k + Bonus
  • Location New York
  • Salary Up to $135K + Bonus
  • Job type Permanent
  • Sector Compliance
  • Description Barclay Simpson are currently working with a leading investment organisation to recruit a Compliance Analytics Associate to work within a small but established US compliance function
Audit Manager
  • Location New York
  • Salary $100,000 - $160,000
  • Job type Permanent
  • Sector Internal Audit
  • Description A leading global bank is looking to expand its audit team in New York City with a new audit manager.
Senior IT Auditor
  • Location Washington, DC
  • Salary $85,000 - $130,000
  • Job type Permanent
  • Sector IT Audit
  • Description Our client, one of the leading enterprises in the secondary mortgage market, is looking to expand its IT audit team with a skilled senior auditor in Washington, DC
Senior IT Audit Manager
  • Location New Jersey
  • Salary $150,000 - $190,000
  • Job type Permanent
  • Sector IT Audit
  • Description A top tier asset management firm is looking to hire a senior IT audit manager.
Latest news