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Analyzing vacancy trends in the Legal sector in London
• New vacancies in 2012 have been occurring in surges.


• Surprisingly the first quarter of the year saw the most activity, with the normal autumn surge yet to appear.


• The lull in June is also uncharacteristic, although this can potentially be attributed to the Jubilee celebrations.


• Overall though 2012 has seen greater vacancy activity than 2011.
• Chart 1 shows the volume of investment banking roles in 2012 by week, Chart 2 shows the volume of legal
roles in law firms specializing in banking in 2012 by week.


• Legal vacancies for banking lawyers has been quiet though out 2012, other than a temporary spike in may.


• We can see the correlation between the investment banks spiking in vacancies in may and the law firms for
banking roles.


• With Investment Banks culling, there is little reason to suggest aggressive hiring going into Q1 2013.


• Which practice areas will take up the slack given the lull, or is the legal sector overall going to slump?
• Chart 1 shows the breakdown of vacancies by practice area as a percentage, column 1 shows the vacancy
focus of the top 100 global law firms in London. Column 2 shows the vacancy focus of Clifford Chance in London.


• Straight away it becomes obvious that for Clifford Chance their focus is still hiring for transactional banking &
corporate roles.


• Overall vacancies are proving more even with vacancy growth for Real Estate, TMT and Employment Lawyers.


• Magic Circle firms remain at odds with the sector overall, with A&O showing a similar pattern to Clifford Chance,
whilst Baker & Mckenzie as one example are much more focused on non transactional areas.
About this report:


•   All charts were generated using Vacancysoft Analytics , an additional tool for subscribers to effectively
    map market demand and highlight sector shifts.


•   All data has been generated using our research led methodologies.


•   If you are already a subscriber and would like a demonstration on how to use Vacancysoft Analytics to
    help you, then let us know. If you are not a subscriber and would like to find out more, contact us.


•   What do subscribers get?
     – We send daily alerts highlighting latest vacancies, all data is filtered & quality controlled to ensure
         relevance.


     –    We provide a high quality job bank allowing for detailed market vacancy searching.


     –    We enable you to create reports allowing for trend analysis using Vacancysoft Analytics , please
          ask for a demonstration.
Contact Us:



•   James Chaplin


•   Vicarage House
•   58-60 Kensington Church Street
•   London W8 7DB


•   T: 020 7193 7290

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Analyzing vacancy trends in the Legal sector in London

  • 1. Analyzing vacancy trends in the Legal sector in London
  • 2. • New vacancies in 2012 have been occurring in surges. • Surprisingly the first quarter of the year saw the most activity, with the normal autumn surge yet to appear. • The lull in June is also uncharacteristic, although this can potentially be attributed to the Jubilee celebrations. • Overall though 2012 has seen greater vacancy activity than 2011.
  • 3. • Chart 1 shows the volume of investment banking roles in 2012 by week, Chart 2 shows the volume of legal roles in law firms specializing in banking in 2012 by week. • Legal vacancies for banking lawyers has been quiet though out 2012, other than a temporary spike in may. • We can see the correlation between the investment banks spiking in vacancies in may and the law firms for banking roles. • With Investment Banks culling, there is little reason to suggest aggressive hiring going into Q1 2013. • Which practice areas will take up the slack given the lull, or is the legal sector overall going to slump?
  • 4. • Chart 1 shows the breakdown of vacancies by practice area as a percentage, column 1 shows the vacancy focus of the top 100 global law firms in London. Column 2 shows the vacancy focus of Clifford Chance in London. • Straight away it becomes obvious that for Clifford Chance their focus is still hiring for transactional banking & corporate roles. • Overall vacancies are proving more even with vacancy growth for Real Estate, TMT and Employment Lawyers. • Magic Circle firms remain at odds with the sector overall, with A&O showing a similar pattern to Clifford Chance, whilst Baker & Mckenzie as one example are much more focused on non transactional areas.
  • 5. About this report: • All charts were generated using Vacancysoft Analytics , an additional tool for subscribers to effectively map market demand and highlight sector shifts. • All data has been generated using our research led methodologies. • If you are already a subscriber and would like a demonstration on how to use Vacancysoft Analytics to help you, then let us know. If you are not a subscriber and would like to find out more, contact us. • What do subscribers get? – We send daily alerts highlighting latest vacancies, all data is filtered & quality controlled to ensure relevance. – We provide a high quality job bank allowing for detailed market vacancy searching. – We enable you to create reports allowing for trend analysis using Vacancysoft Analytics , please ask for a demonstration.
  • 6. Contact Us: • James Chaplin • Vicarage House • 58-60 Kensington Church Street • London W8 7DB • T: 020 7193 7290