find the latest legal job
Legal Counsel
Category: Corporate and Commercial Law | Location: North Sydney NSW 2060
· 18 month fixed term contract · 3-5 years PQE with TMT exposure
View details
Solicitor - Insurance and Health
Category: Insurance and Superannuation Law | Location: Newcastle NSW 2300
· Dynamic organisation · Outstanding career opportunity
View details
Solicitors Barrister and Registered Migration Agents
Category: Generalists - In House | Location: North Sydney NSW 2060
· We are an established multi-disciplinary practice located in North Sydney. ·
View details
Commercial/Projects Lawyer (4+ PAE)
Category: Corporate and Commercial Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Fantastic, supportive working environment · Wide variety of work, direct client contact
View details
In-house Property Lawyer - 2-4 year PQE | Dynamic High Impact Role
Category: Generalists - In House | Location: Melbourne VIC 3004
· Large multi-disciplinary in-house team
View details
Hiring surge in legal industry

Hiring surge in legal industry

Firms intend hiring more lawyers in the coming year, although in-house roles are growing at a slower pace, a new report suggests.

According to a survey by recruitment company Michael Page, 47 per cent of legal employers are planning to increase their staff headcount in the next 12 months.

Both top-tier and mid-tier firms signalled their intention to hire more lawyers in the corporate, M&A, banking and finance, property and construction, IT and IP law practice areas, Michael Page director of legal John MacLean said.

Legal employers also showed themselves willing to reward employees, with 82 per cent planning to give staff raises and 62 per cent handing out bonuses in the coming year.

“Cost-control pressure remains on firms both internally and from clients, however, in certain sectors, the majority of firms have now shifted to an expansion agenda with a focus on revenue growth,” Mr MacLean said.

In-house roles are lagging behind private firm roles, but have seen a gradual increase, he said.

In Mr MacLean's view, this slower growth could be explained by the cost-cutting measures in place in some corporations.

“Several institutions still have hiring freezes or are subject to strict hiring constraints in their legal teams and reducing legal costs is still a consideration for most legal companies.”

 

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

Promoted content
Recommended by Spike Native Network
more from lawyers weekly
International
07:05
‘Dynamic developments’ to impact Aus international arbitration
Justin Gleeson SC has spoken out about what Australia can learn from current developments overseas o...
CDRC
07:00
Aussie law students compete in Vienna
Students from two Australian universities have competed in an international dispute resolution compe...
handcuffs
Jul 25 2017
LCA endorses slavery compensation scheme
The Law Council of Australia (LCA) has backed calls for a national compensation scheme for victims o...
APPOINTMENTS
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
opinion
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
Help
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...