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March 2016

Benefits packages in legal

The benefits package conundrum: finally solved?

 

If the desired outcome of offering a well thought out and comprehensive benefits package is to increase employee satisfaction and boost retention rates then it could be argued that the concept has had its day.

Although there is evidence to suggest law firms are putting a bit more effort into the benefits they offer, two thirds of legal professionals are either nonplussed or expressed some level of displeasure about the package they received.

So spare a thought for the HR professionals, practice managers and decision makers tasked with reviewing the firm's benefits package. Trawling through a long list of potentials and a near endless line of permutations only to be met with a Gallic shrug from the majority of the work force.

Thankfully the legal profession has spoken. For the third year running the same benefits have topped the table and in the process may have taken the debate to another dimension.  

Director Jonathan Nolan looks at the top four and gets a touch philosophical about what the legal profession really, really wants.

 

Think more

 
Top 10 inflation basket buys  

The top 10 inflationary buys

 

The Office of National Statistics has announced that it has changed some of the items in its basket of 700 goods and services.

The ONS utilises the services of 300 price collectors taking into account about 180,000 prices each month which are collected from around 140 locations across the UK and from the internet and over the phone.

The basket is reviewed each year and removal can be a sign of the times through either technological advances or change in tastes. Amongst the items that have been left in the cold this year are 

- Cooked sliced turkey

- Rewritable DVD

- CD Rom

- Nightclub entry

Thankfully legal and conveyancing services are still in and with 698 other items to choose from we found 10 inflationary products that should be in every lawyer's basket.

 

The top 10

 

George's giveaway budget

 

In the run up to George Osborne’s speech the usual rumours were rife; , with a key prediction being changes to the pension rules.

A formal announcement was made, in advance, about plans to streamline welfare spending with a view to saving £4.4 billion over the life of the parliament.  The Chancellor made a U-turn on the former before the Budget and has been forced to make another one on the latter subsequently. However the good news is that he appears to have retained all of the giveaways – quite surprising in view of the economic uncertainties at both home and abroad.

Andrew Alder, Partner at Saffery Champness Chartered Accountants - one of the UK's Top 20 accountancy practices - looks at a few of the changes which could be particularly relevant to lawyers across a number of practice areas.

 

Read all about it

 
  George's giveaway budget
Legal services sector  

£5bn shortfall in legal services sector?

 

Research published this week by The Law Society has valued the 2015 legal services' market at £25.7bn - nearly £5bn short of the £30.54bn forecasted in their 2014 report "Legal services sector forecasts of real turnover and net exports."

The "Economic Value of the Legal Services Sector" report is the first ever investigation of the wider economic value of the sector. And despite the shortfall it paints a rather rosy picture of legal practice -  

- Growth in the legal services sector has averaged 3.3 per cent every year for the last decade - outstripping UK economic growth rate of 1.2 per cent.

- 8,000 new jobs are created and £379 million is added to the economy for every one per cent growth in the UK legal services sector.

- Every 100 extra jobs in legal services supports a further 67 jobs.

- According to the report the sector grew by 8 per cent from 2014 to 2015 and an estimated 370,000 people are employed in legal services in the UK.

 

Law Society Infographic here

 

The case for the alternative

 

It's not everyday you come across a Solicitor who owes his success, in some part, to Henry Fonda.

Thankfully this is not one angry man. By day Dan Berke is Director of Risk, Compliance and Operations at blockbusting Solicitors LHS. At night he is a family man, legal commentator, stand-up comedian and also supports a local amateur boxing club  

Dan took a bit of time away from his busy schedule to talk a bit more about his role, LHS Solicitors LLP, how he got his break in law and much more.  

Lights, camera, action.

 

Read more

 
 

What's trending in our offices...

A warm welcome

2 new starters this month, Steven Bayliss on the Locum desk and Maria Farnell (pictured) who joins as Commercial Director.

Cheltenham trip

Consultants Lee Traylor and Steven Collings went down to the Cheltenham Festival on Thursday. Steve has now gone to Vegas. 

Kay's on maternity

Kay Singh who works on our Locum desk has started her maternity leave. We wish you all the best from everyone at DS.

Manchester Legal Awards

We sponsored Manchester Law Society's prestigious Legal Awards and probably partied until way past our sell by date.   

March's Hot Jobs

 

With new departmental budgets being released we are matching a vast array of opportunities across the country. The below is a broad selection but we would recommend you contact a local branch to get the inside track on the legal recruitment market     

 

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

 

Check out more Hot Jobs here

 
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