This article explores the extent to which a property crash later this year is likely, and if there is one, whether it might result in job losses in conveyancing in the same way we have seen recently following the Financial Crisis of 2008.[Read more…]
“Anna at Olsen Recruitment has found both fee-earning and non fee-earning staff for my firm. She has been invaluable to us in the process. She has taken the time to understand how our firm works and vets the candidates before she ever sends us a CV. This reduces the time and expense involved in trawling though CVs and interviews. I know that if Anna sends a candidate to me, they will be of good quality and are more likely than not to fit in with the ethos of my firm. I would recommend her highly.”
A “candidate-led” market is one that is essentially a market where candidate demand is greater than supply. In the legal world it usually occurs when there is a shortage of suitably qualified people to fill specific practice areas. As a result, firms find it a struggle to recruit the talent they need.[Read more…]
In this article we briefly discuss and comment on the effects of the Covid-19 pandemic on staff at legal firms. Bear in mind that no two firms have the same business needs or office arrangements, so their practices and treatment of staff can vary widely. Here we consider items such as staff working from home, reduced working hours and pay, furloughing, redundancies, trainee retention/ NQ jobs and recruitment.[Read more…]
Redundancies as a result of coronavirus are going to be inevitable in a lot of law firms, and they have already started in some firms. As the furlough scheme winds down and if law firm income does not return to its pre-coronavirus levels, it is anticipated there will be more.
If you are on furlough leave or working in an area where your work has decreased, you may want more certainty from your employer about whether your role is safe from redundancy but, in many cases, law firms won’t be able to provide this clarity because it depends on work levels returning to normal, which is currently being monitored.[Read more…]