This year has been a very busy year for the legal industry, with lots of firms changing, merging and expanding. Here at people2people, we have had the opportunity to talk with a number of sole practitioners, boutique, mid-tier and top tier law firms within New South Wales.
What have we seen this year?
Across the board, it has been very positive news for the industry, with the majority of law firms being inundated with work. In turn, this has created various job opportunities for legal support staff. We have also seen many global firms open new offices in Sydney, which has resulted in many newly created positions for both fee earners and for legal assistants. Firms have grown and, in some cases, almost doubled in size, with only a small handful making redundancies.
What have been the busiest areas of law?
The busiest practice area we have recruited for this year has been property, without exception. You only need to look around Sydney to see how many developments are underway to see why this is the case. Licensed conveyancers have been in hot demand, as have property secretaries and paralegals. The next busiest area has been insurance, for both plaintiff and defendant, which typically remains strong all year round. Intermediate insurance secretaries at the 3-5 year experience level have also been highly sought.
What are the predictions for 2015?
So what does next year look like? From what we have seen and heard, there is no sign of legal recruitment slowing down, with many firms indicating further expansion for 2015. January is typically a quieter month for permanent recruitment, with many people away on holiday and recruitment being put on hold. In February, we expect to see another surge in recruitment, as well as a surge in legal support staff entering the job market to start their year with a fresh, new challenge.