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April 2016

Seachange in gender of legal profession

There's a seachange, but figures still don't stack up.

 

It's 95 years since women were allowed to practice as Solicitors and 93 since the first woman, Carrie Morrison, was admitted.

Fast forward to the last decade where 70% of the growth in practising solicitor numbers has been accounted for by women. And now, according to the latest Law Society annual statistical report female solicitors are set to outnumber men in the next 12 months in what the Law Gazette describes as a "a rapidly feminising solicitors’ profession".

Well it's not as though nobody saw it coming. For a number of years now women have made up two-thirds of practising solicitors under the age of 35 and the numbers in the pipelines are also continuing to climb.

The gender shift is however yet to have a significant impact at partner and business leader level. Somewhere along the line in the next 12 months male and female solicitor numbers will be neck and neck but there will still be twice as many male partners in private practice than women.

So what are the biggest obstacles women face and what if anything can be done to drive parity? Senior Recruitment Consultant Emily Oakes reveals what is women lawyers' biggest obstacle to partnership.

Read on

 
Residential Conveyancing Surge  

Record breaking conveyancing surge

One Countrywide Property Lawyer probably captured the feelings of all Residential Conveyancers on the 31st March when she let her feelings go on Facebook.

Undoubtedly one of the busiest conveyancing periods ever came to a close last month and new figures suggest Residential Conveyancers are probably still recovering it.

As impending stamp duty changes in the buy to let market saw an unprecedented number of buyers pushing to get their transactions over the line by the end of the month. 

And it wasn't just Residential Conveyancers who were feeling the pressure...

Read all about it

 

Who are the premier legal Dealmakers?

 

Gateley and Shoosmiths could be fighting it out again for top spot in the 2016 Volume Deal Review and Advisor League Tables compiled by global information services group Experian.

Gately and Shoosmiths ended up in a photo-finish in 2015 with 148 deals each; the former was declared the winner by virtue of its greater aggregate value of transactions. So far in Q1 2016 Gateley have advised on 31 deals with Shoosmiths on 26. Pinsent Masons are tracking the pair on 22 deals. 

The regional picture is also starting to take shape. But can anyone do a Leicester? And who is going to make the champions league? Managing Consultant Sean Doherty reviews the season so far.

Read all about it

 
  Legal dealmaker table 2016
Legal services sector  

Service sector carrying UK economy

The latest figures from the ONS show that growth in the UK’s economy slowed in Q1 from 0.6% in the last 3 months of 2015 to 0.4%.

The service industry, which accounts for approximately 78% of UK GDP posted growth of 0.6% in Q1 with construction, production and agriculture all contracting. The ONS said the UK's total goods deficit narrowed from £10.3bn in January 2016, from £10.5bn in December but it was a trade surplus in services that left the overall goods and services gap at a respectable £3.5bn.

No pressure then on the legal services sector that contributes £25bn every year to the UK economy and continues to grow despite assaults from successive Lord Chancellors.

Find out just how reliant the UK is on a buoyant services market.

More...

 

What's trending in our offices...

Kathryn Riley MD Douglas Scott

Date with Steve Wozniak

Our MD Kath Riley is sitting on a Leadercast panel where speakers include Apple co-founder Steve Wozniak. 

legal recruitment 3 peaks

3 peaks Challenge

Recruitment Consultants from our Midlands team are starting to get into training for the 3 peaks challenge they tackle in June. 

Sartorial elegance

One of the best dressed guys in the business, Claudio Salvagio (IT dude) has completed his Business & Admin Apprenticeship.

Where's Dougie?

Our international team is set to grow again next month. It's still top secret at the moment so we don't want to give too much away. 

April's Hot Jobs

 

Did you know? A third of the legal talent pool is on the move at any one time and our research has revealed that those that secure a new role are averaging a 30% increase in salary.

 

Financial Services Solicitor - London to £90k | Residential Conveyancing Solicitor - London to £50k | Insurance Litigation - London to £90k | InHouse Residential Property - Kent to £35k | Litigation Solicitor - London to £65k | Home working Residential Conveyancer - South East upwards of £30k | Private Client Solicitor - Oxford to £60k | Commercial Litigation - Reading to £50k | Clinical Negligence Solicitor - Bristol to £50k | Residential Conveyancer - South Wales to £32k | Banking Solicitor - Bristol to £40k | Family Lawyer - Exeter to £45k | Commercial Property Lawyer - South East to £45k | Corporate Commercial Lawyer - South East to £55k | 1st line Service Desk Analyst - Birmingham to £21k | Family Law Solicitor - Birmingham to £50k | Defendant Disease Solicitor - Manchester to £45k | Commercial Property Paralegal - Manchester to £22k | Home working Residential Conveyancer - Manchester to £35k | Litigation Manager - Manchester to £60k | Commercial Associate - Manchester to £55k | Commercial Property Partner - Manchester to £75k | Regulatory Solicitor - Leeds to £65k | Corporate Commercial Solicitor - Leeds to £55k | Family Solicitor - Leeds to £55k | Private Client Solicitor - 12 month FTC - Lincoln to £40,000 – £45,000 | Commercial Property Solicitor - Southampton to £40,000 – £48,000 | Legal Manager - Debt Finance - Manchester to £70,000 – £80,000

 

Check out more Hot Jobs here

 
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