BS LegaMid-year - Flipbook - Page 4
BARCLAYSIMPSON.COM
4
Legal recruitment activity index
Market overview
300
200
180
195
190
260
240
235
220
230
210
180
160
150
130
2021 | Q3
2021 | Q4
2022 | Q1
2022 | Q2
2022 | Q3
2022 | Q4
2023 | Q1
2023 | Q2
2023 | Q3
2023 | Q4
2024 | Q1
2024 | Q2
150
2021 | Q2
Like many industries, it has been buffeted
by broader economic and political forces,
including low growth, high inflation and
interest rates, poor investment and the
disruption of the General Election. However,
there are also issues specific to in-house
legal that have created further difficulties,
which are outlined in the 'Key Themes'
section of this report.
Within company secretarial jobs, recruitment
has also been relatively sluggish, although
there has been some positive movement
in the market. Notably, organisations
are expressing a desire to upskill co-sec
departments to get a better mix of board
support and governance experience. And
while industry experience is often preferred,
companies are overlooking this if candidates
have the right skillsets.
170
It has been a challenging year for in-house
legal and company secretarial (co-sec)
recruitment. While 'challenging' has been
a common theme across all of Barclay
Simpson's specialist areas over the last 12
months, the market for in-house legal jobs
has been particularly quiet.
2021 | Q1
LEGAL & COMPANY SECRETARIAL | RECRUITMENT MARKET UPDATE 2024
250
100
Source: Barclay Simpson - in-house recruitment activity data
indicating the pace of the market.
