header-logo header-logo

Skills gaps and salary hikes—a snapshot of the legal jobs market

18 January 2023
Issue: 8009 / Categories: Legal News , Profession , Career focus
printer mail-detail

Nearly all employers (97%) hiring legal professionals in the past 12 months have experienced skills shortages, a leading recruiter has found.

Employers are responding by training current employees into a new position or hiring legal professionals without the necessary skills with the intention of upskilling them, according to recruiter Hays’ UK 2023 Salary and Recruiting Trends guide, which received more than 350 responses. 

More than a third of employers said they are looking to hire apprentices. Salaries are rising across the sector, with 85% of employers increasing pay in the past 12 months.

The average increase was 7.4% (above the UK average of 5.4%) although some increases were significantly higher. Salaries for newly qualified solicitors in private practice rose 14.6% on average, while one year’s PQE rose 12.3% and general counsel/head of legal rose 8.7%.

Employees themselves are restless—60% plan to switch jobs in the next year. The reasons given include a desire for greater flexibility (59%), career progression (34%) and lack of skills development opportunities (26%).

Potential recruits tend to place a high value on sustainability. Three-quarters rated this important when choosing a prospective employer.

Yvonne Smyth, director at Hays specialising in legal, said: ‘While pay remains a key driver for employee movement within the legal profession, opportunities for career progression and development often tip the balance between whether an individual chooses one role over another.

‘Legal professionals also prioritise an alignment of purpose and values when contemplating who they want to work for. Organisations must take each of these factors into account to attract and retain staff; stand out against competition; and ultimately succeed during a time of increased volatility.’

Issue: 8009 / Categories: Legal News , Profession , Career focus
printer mail-details

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

Law school partners with charity to give free assistance to litigants in need

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

back-to-top-scroll