Tax – UK Legal Labour Market Trends, March 2024

Tax – UK Legal Labour Market Trends, March 2024

February saw Law firms post more vacancies for tax lawyers nationally than any other month over the prior two years. Furthermore, we expect a surge of 32.5% by the end of 2024. Factoring the regionalization happening within the sector, where the regions retain 80.5% of the national share, there has also been a noticeable shift in 2024 to date, with hiring in London on the rise.

Commerce & Industry – UK Legal Labour Market Trends, October 2023

Commerce & Industry – UK Legal Labour Market Trends, October 2023

Looking at this year by business quarter, we can see that there was a 6.8% increase in legal vacancies across commerce and industry in Q3 compared to Q2, which bodes well for the remainder of the year. Q4 is typically the busiest quarter of the year for vacancies overall, so we would expect to see that translate into vacancies for legal counsel. This is according to the latest UK Legal Labour Market Trends report by Search, and labour market data analysts Vacancysoft.

Banking & Finance – UK Legal Labour Market Trends, September 2023

Banking & Finance – UK Legal Labour Market Trends, September 2023

Recruitment levels are returning to 2019 levels. However, what has changed is that more vacancies are happening proportionately within the Banks. So for context, in 2019 we saw 381 legal vacancies in banks, in 2023 this is set to be over 500. In contrast, within the law firms, in 2019 we saw 577 banking vacancies, whereas this year we estimate the total to be barely over 400. This is according to the latest UK Legal Labour Market Trends report by Search, and labour market data analysts Vacancysoft.

London – UK Legal Labour Market Trends, July 2023

London – UK Legal Labour Market Trends, July 2023

Although the economic slowdown is impacting Law Firm recruitment overall, Litigation/Dispute resolution is an area which is less dependent on the economic cycle than others, as a result, this has become the second largest area law firms have been recruiting for this year, according to the latest legal report by Search and labour market data analysts Vacancysoft.

Litigation – UK Legal Labour Market Trends, June 2023

Litigation – UK Legal Labour Market Trends, June 2023

Although the economic slowdown is impacting Law Firm recruitment overall, Litigation/Dispute resolution is an area which is less dependent on the economic cycle than others, as a result, this has become the second largest area law firms have been recruiting for this year, according to the latest legal report by Search and labour market data analysts Vacancysoft.