Legal Job Market Update
Key points for December as follows:
* The demand for staff generally has fallen in line with the seasonal norm.
* Permanent recruitment has dropped.
* Locum recruitment has fallen.
* Wills and Probate locum and permanent roles have stayed relatively busy and private client solicitors remain in demand.
* Commercial Property roles remain elusive.
* Litigation still quiet.
* We are still hearing of redundancies in larger commercial practices and in house.
* London market is still quiet.
For the full article please visit – https://www.ten-percent.co.uk/legal-job-market-report-11th-january-2017/
Petition for Limiting Pay in the Charity Sector
Sign the petition to parliament “Remove status from charities paying staff more than 3 times the average wage.”
Charities in the UK should have their charitable status removed if they pay any of their staff more than three times the average wage. Why should a pensioner on less than £150 a week give £5 to a charity that pays a CEO £200k? In 2016-2017 three times the average wage is £82,500. Many get more.
By way of examples – Parkinson’s UK has 10 staff earning between £60,000 and £130,000, The Royal British Legion has 26 staff earning between £60,000 and £160,000, Help for Heroes has 17 staff earning between £60,000 and £110,000 and Cancer Research UK has 219 staff earning between £60,000 and £250,000.
https://petition.parliament.uk/petitions/173515
A Psychic’s 2016 New Year Predictions Revisited
Every year we carry an article in our January Newsletter about predictions for the previous year by an “expert” online psychic, Craig Hamilton-Parker (from www.psychics.co.uk). Mr Hamilton-Parker charges £1.50 per minute for his services via telephone consultations. We have also included Mr Hamilton-Parker’s 2017 predictions below to see how he does when we revisit in 2018. In 2014 Mr Hamilton-Parker scored 1 out of 16 but managed to get 5 out of 16 in 2015.
Full article can be found here: http://legalrecruitment.blogspot.co.uk/2017/01/a-psychics-2016-new-year-predictions.html
Making a Job Offer and matching current salary – a good idea?
A candidate looks to make a move and we send them over details of vacancies. The candidate applies for a vacancy and we send a CV across to a firm, indicating current salary levels. We go through the recruitment process – interview, discussions, 2nd interview and deliberations. The firm like the candidate, the candidate likes the firm.
The firm makes the candidate an offer as follows: “we are very happy with Steve – he fits the bill perfectly. We can see a great future for him here. As such we can confirm that we would be delighted to match his current salary and make him an offer. Hope to hear from you soon.”
Full article can be read here: https://www.ten-percent.co.uk/matching-current-salary-with-a-job-offer-a-good-idea/
Charities Nominated for Donations 2017
So far this year we have had the following charities nominated for donations by candidates and clients. To see our policy on donations please visit: https://www.ten-percent.co.uk/charitable-trust/
Bloodwise
Greenwich Housing Rights
Howard League
The Parent House
Daisey Garland Charity
PVNH Support
Helping Older People (New Forest)
We expect to continue our support of LawCare, Ace of Clubs, Reprieve and Unlock.
If anyone else wants to nominate a charity for a donation, please let me know. Our main policy is that we will not donate to charities who pay any staff more than £75k per annum.
Hourly Rates of Pay for Locum Solicitors and Legal Executives
Locum hourly rate payment varies widely according to the demand, length of assignment, level of experience and advance notice available. NB: These rates are intended as a guide only. Hourly rates can vary according to the location, duration and level of expertise.
December 2016 Private Practice Law Firm Locum Rates:
* Conveyancing Locum Solicitors – 1-3 years PQE, handling residential standard sale price only – £25-28 per hour (variation for central London – £26-30 per hour).
* Conveyancing Locum Solicitors & ILEX – 5-35 years PQE, handling all levels of conveyancing including managing a department – £26-£35 per hour, including central London.
* Commercial Property Solicitors – 1-40 years PQE – £32-45 per hour.
* Wills & Probate Solicitors and Executives – 3-35 years PQE – £35-45 per hour.
* Family Solicitors – 4-40 years PQE – £27-30 per hour. Occasionally this goes up to £35 per hour for short notice or a few days cover.
* Civil Litigation – 1-35 years PQE. £25-35 per hour. These rates cover mainstream litigation – eg county court and small claims matters.
* Corporate Commercial Locum Solicitors – 5-45 years PQE. £35-75 per hour. Usual rate in small-medium law firms is around £40-50 per hour.
* In House Locum Solicitors – 3-35 years PQE. £35-60 per hour. Usual rate in a larger sized blue chip company legal department is c.£50 per hour going up to c£100-£120.
NB all rates exclude agency fees. The rates are for self-employed locums billing firms directly on a weekly basis.
We have over 11,000 lawyers registered with us. To request CVs for a specific vacancy please register your vacancy using the link at the top of this email or simply reply.
Low Cost Recruitment for Solicitors – Ten Percent Unlimited
Ten-Percent Unlimited is a service offering unlimited recruitment for a set monthly fee. It was set up by us back in 2011 with the aim of making the use of a recruitment agency cost-effective in a time of great financial difficulties for all in the profession. It is still going strong – we have over 100 members – most of whom are sole practitioners or smaller sized law firms.
The Unlimited Recruitment service offers law firms the chance to recruit as many permanent or locum candidates as needed over a period of 5 years in return for a monthly payment. There are no restrictions on numbers (although vacancies have to exist and we do operate a fair usage policy – so far never used) and no other costs. No other similar services exist in the recruitment industry.
For example in a 5 year period you may recruit a few locums for cover each year, a replacement conveyancing solicitor, a couple of legal secretaries, possibly a paralegal or two and have a look to expand the firm into a new area of law with an additional fee earner. All of this would cost considerable amounts in advertising and/or recruitment agency fees. However with Ten Percent Unlimited you simply pay a monthly fee for 60 months.
One of our recruitment consultants works full time on our Ten Percent Unlimited member firms’ recruitment needs and is always happy to talk about the service. If you would like a chat with Clare Fagan, please give her a ring on 0207 127 4343 or email clare.fagan@ten-percent.co.uk. www.tenpercentunlimited.co.uk.
How to be a Locum – pdf guide
We have produced a guide on how to be a locum. This includes sections on getting work, realistic expectations, hourly rates, popular fields of law, payment, insurance, umbrella companies and much more. Available for download at no charge from www.interimlawyers.co.uk – click the link on the left hand side of the page.
About Ten-Percent Legal Recruitment
We are a specialist legal recruiter, covering both permanent and locum roles across the whole of the UK. Over 11,000 lawyers are registered with us and we have access to a range of external and internal job boards and websites where we do not have candidates available ourselves. We also assist with recruitment advice and assistance, regularly advising partners and practice managers on suitable salary and package levels.
Our company is unique for a number of reasons, including the fact that we are not shy to publish our fee structure and also donate a chunk of our profits to charity each year. We offer unlimited permanent and locum recruitment for a fixed monthly fee or one-off fees depending on the job. We donate 10% of our profits annually to charity, hence our name.
We have three recruitment consultants, Jonathan Fagan, Clare Fagan and Pete Gresty, together with our finance director Pearl McNamara. As a team we have over 40 years of experience in the legal profession.
Ten-Percent Legal Recruitment also owns Interim Lawyers, a specialist locum service. We operate an outsourced UK based typing service as well – www.tptranscription.co.uk and are preferred suppliers to a number of institutional clients and law firms across the UK and overseas.
The Ten-Percent Group of Legal Recruitment websites gives 10% of annual profits to charity. We have carried on with this tradition since we formed the company 15 years ago. So far over £90k has been donated to charities in the UK and Africa including LawCare, Unlock and Reprieve.
We hope you have enjoyed reading our newsletter and look forward to hearing from you if we can assist further.
Warm regards
Jonathan Fagan
Director
E: jbfagan@tenpercentgroup.com
T: 0207 127 4343
Ten-Percent.co.uk Limited
20-22 Wenlock Road
London
N1 7GU
Jonathan Fagan is a solicitor, qualified recruitment consultant and Managing Director of Ten-Percent.co.uk Limited. His LinkedIn profile can be viewed here – www.linkedin.com/in/jbfagan
Legal Recruitment News is produced by TP Legal Recruitment – you can view all versions of the e-newsletter at www.legal-recruitment.co.uk.
Interim Lawyers – www.interimlawyers.co.uk
Ten-Percent Legal Recruitment – www.ten-percent.co.uk
Legal Recruitment Newsletter – www.legal-recruitment.co.uk