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

Vice President, Technology (Privacy)
  • Location Dallas, TX, or Boston, MA
  • Salary $180,000
  • Job type Permanent
  • Sector Technology Risk
  • Description Vice President, Technology Risk (Policy & Standards) Job Summary Barclay Simpson’s Cybersecurity Recruitment team is currently partnered with a multinational bank to bring on a Vice President of
Lead Internal Auditor, Quality Assurance
  • Location Boston, MA
  • Salary $90,000 - $110,000
  • Job type Permanent
  • Sector Banking
  • Description Barclay Simpson is currently working with a leading financial institution to recruit a Quality Assurance Internal Auditor into their Boston business. This is an exciting opportunity
Head of Risk (Operational Risk)
  • Location New York
  • Salary $350k-$450k TC
  • Job type Permanent
  • Sector Risk
  • Description Barclay Simpson is currently working with a high profile financial institution to hire a Head of Risk/Operational Risk for their New York or DC office.  The ideal candidate should have at
Senior IT Auditor
  • Location New York City, NY
  • Salary $115,000
  • Job type Permanent
  • Sector Banking
  • Description OVERALL SUMMARY Our client is a leading global financial services organization seeking to recruit an Associate Senior IT Auditor into their growing core team in the New York area
Latest news