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February 2016
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Gravity - what's stopping NQ Solicitors from floating off?
You may have seen our recent article about trainee Solicitor salaries that was featured in the Law Gazette, Lawyer and by Legal Cheek.
18 months after the mandatory minimum was scrapped almost a third of all trainee solicitors are being paid under the Law Society’s recommended salary, according to research we carried out when putting together our 2016 Salary and Benefits Benchmarker.
The Law Society has recommended a minimum salary of £20,276 in London and £18,183 outside of the capital. 31% of trainees are now being paid below these thresholds. The North West of England is a hot spot with 51% of trainees being paid below the recommended salary where as in the South West only 12% fall into the same category. 20% of London based trainees are paid below the recommended salary.
60% of trainees working in general practice are paid below the minimum suggested by the Law Society. Thankfully though only 2% of trainees are on a salary that is on or around the equivalent of the minimum wage.
The article provoked some lively online comment but we all know that when it comes to making a career move then it is never going to be just about the money.
Trainee Solicitor touchpoint Andrew Fieldhouse digs a bit deeper into the data to see what is driving our current crop of trainees' decision making.
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2016 Salary & Benefits Benchmarker live
We are pleased to announce that the 2016 Salary and Benefits Benchmarker is now live.
This year we crunched through £173m of salary data, thanks to over 3,300 survey respondents from the legal profession as well our clients who instructed us on over 4,500 jobs in the last 12 months and the 4,483 new candidates who subsequently registered with us.
We think we can confidently put it out there that the Douglas Scott Benchmarker is now the largest and most credible piece of insight of its kind in the sector.
Covering salaries, benefits, motivators and so much more it's the perfect reference point for legal professionals, students, hirers, decision makers and anyone who is invested in the legal sector recruitment cycle.
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Brain drain tempered by property prices?
According to the Law Society figures, legal like many other business sectors is experiencing a brain drain with London continuing to pull in legal talent from the regions.
Sure, talk about the northern powerhouse and the actual north-shoring of legal services is helping make careers in the regions more attractive but almost 40% or over 50,000 practice certificate holders were located in London in 2014 and there has been an upwards trend for over a decade.
However research by the Sunday Times and Savills might help slow down the numbers of legal professionals relocating to the capital. According to the research the average home in Greater London in 2005 cost £289,939 and you could buy two of the equivalent houses in Yorkshire. 10 years on...
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Professional Services skills gap widens
According to the Association of Professional Staffing Companies (APSCo) skill shortages in professional services continue to “pose a clear risk to UK prosperity.”
With overall employment levels nudging record highs UK professional recruitment firms had 4% more vacancies on their books in December 2015 than the same period the previous year. Conversely, vacancies in engineering and IT dipped by 14% and four per cent respectively in December 2015, compared to the same month in 2014.
APSCo’s figures also reveal that median salaries across professional services continue to climb steadily, increasing by 5.5% year-on-year but with huge disparities between sectors. Banking for example posted a rise of 10.4% which is close to the 11% salary uplift we noted in the legal sector over the last 12 months. The ONS recently which found that average earnings in the UK grew at an annual rate of...
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Interview with Sholeh Alemi
This month we're interviewing Trainee Solicitor Sholeh Alemi, who currently works at Berg Solicitors and is Social Secretary for The Manchester Trainee Solicitors Group.
Sholeh studied Law at Lancaster University and graduated in 2010 before going on to complete her LPC at Manchester BPP in 2011. Sholeh joined Pinsent Masons as a Paralegal in the Real Estate department before joining Berg in December 2014 to begin her journey as a Trainee Solicitor.
"Outside of work, I have a keen interest in Dancing and Boxing, both watching and training and I have competed in several street dance competitions. I love to travel and have been lucky enough to visit some astonishing places including several locations in Europe, China, Thailand, Bahamas and the USA - though I still have many more destinations on my bucket list..."
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What's trending in our offices...
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Great legal bake off
We joined law firms from across the country in the London Legal Support Trust's Great Legal Bake, piling on the pounds in the name of charity.
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Baby girl for Lee
Congratulations to recruitment consultant Lee Traylor and his girlfriend Carrie on the birth of their daughter Lara who came in at a cracking 6lbs 11oz!
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Qualification Talk 2016
We're holding our Manchester Qual Talk tonight at the University of Law with the MTSG. Team looking forward to it, we can't wait!
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Great News!
Our Accounts Assistant Nazrin Rahman has passed her Business and Admin apprenticeship! Big congrats you deserve it.
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February's Hot Jobs
In-house Counsel - Technology, Coventry £30,000 - £45,000 | Pensions Solicitor, Bristol £40,000 - £55,000 | EL PL Solicitor, Birmingham £30,000 | Pensions NQ, Bristol £47,000 - £50,000 | Experienced Residential Conveyancer, HOME WORKING, Birmingham £28,000 - £40,000 | In-house Property Solicitor Legal Executive, Guildford £30,000 - £50,000 | Residential Conveyancer, Home Working, Manchester £25,000 - £35,000 | Senior Associate IP 3+PQE PatentTMT, City of London £80,000 - £110,000 | (A) Mainstream RTA Fee Earner, Liverpool £20,000 - £32,000 | Property Litigation Solicitor, London £65,000 - £90,000
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London 0203 755 3441 | Manchester 0161 233 6360 | Birmingham 0121 237 6499
Leeds 0113 366 2262 | Liverpool 0151 225 0194
Company Number: 05243302 VAT Reg Number: 851 5707 22
Registered Office Address: Douglas Scott Legal Recruitment Limited, Level 11,
Tower 12, Avenue North, Spinningfields Manchester, M3 3BZ. Copyright © 2014.
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