London has the most unique and developed legal market in the world. And here at Taylor Root we take pride in understanding its intricacies so that we can better serve its recruitment needs.
Two specialist areas of our focus are West End and Niche practices, which often serve discrete markets and offer a different working culture to that of the City or International firms. From providing access to top quality clients and work to enhanced career opportunities, these firms’ employee value proposition often bucks the trend of Big Law.
We work with firms looking to recruit talent as well as lawyers wishing to make the move into these distinctive practices. Having one of the largest legal candidate databases and having regular conversations with candidates and clients alike means we are well-placed to advise on any moves. This report provides current salaries for mid-sized and Niche London law firms based in the West End and the City as well as predictions for 2019 - below is an extract from the report.
Predictions for 2019
There is no doubt that the underlying uncertainty surrounding Brexit will remain.
For lawyers, we believe that recruitment will be led by strategic need rather than speculative growth. The demand for lawyers shall continue to be strong, as a healthy number of professionals look to make a move at different stages of their careers.
In terms of salaries, it is unlikely that we will see drastic increases in 2019 for firms in the West End, Niche and boutique markets, which we expect to be reflected across the City.
Although naturally more cautious than the large City firms, most West End and Niche law firms remain in a strong financial position and are positive about the opportunities that may be on offer over the next 12 months.
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