Legal Market Insights September 2023
- 01 Sep 2023
The legal market is still showing signs of confidence, despite a slight dip in June at the EOFY. Clients are in less of a hurry to recruit and are being more considered than 12 months ago. Similarly, there are not a great deal of active candidates on the market and people are only moving if the position truly matches their requirements.
The majority of roles I’ve been engaged are new additions to teams to bring specialisms in-house rather than relying on external lawyers. Specialities include ESG, cyber, privacy, employment, Treasury and technology with the former 3 being a focus as a result of upcoming regulatory changes.
There are a broad range of industries hiring: banking & financial services, property, transport, energy, government, technology & healthcare. Corporate & commercial in-house lawyers are still in demand particularly from 4-8 PQE.
Salaries have started to level out from where they were 6-12 months ago with expectations being more realistic.
If you are looking for your next career opportunity or looking to hire a legal professional, please get in touch with Katie.