Legal Market Overviews & Salary Surveys 2023/24

Legal Market Overviews & Salary Surveys 2023/24

Welcome to to the Thomson Legal monthly newsletter.

In this month's edition, Thomson Legal are delighted to share our 2023/24 Legal Market Overviews & Salary Surveys for our key markets in Scotland, Ireland, London and International. The last 12 months have been a monumental year for the legal sector with significant changes to the way lawyers now work and will continue to work in the future. We have also witnessed unprecedented growth in the private practice markets with remuneration now at an all time high and with reward and flexibility being the two main drivers for lawyers when considering a career move.

Scotland

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The Scottish legal market has responded positively from the pandemic. The key headlines in our Overview being:

  • Salary Increases
  • Competition for Talent
  • Hybrid-Working
  • Lessons Learned

Our 2023/24 Scotland Legal Market Overview & Salary Survey can be downloaded here: https://www.thomsonlrc.com/candidates/salary-surveys-market-overviews-career-guides/scotland-salary-survey/

Ireland

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Equally so the Irish legal market has been buoyant over the last 12 months and shows no real sign of slowing down. The key headlines in our Overview being:

  • International Law firm Expansion
  • London Returners
  • Salary & Benefits
  • Brexit

Our 2023/24 Ireland Legal Market Overview & Salary Survey can be downloaded here: https://www.thomsonlrc.com/candidates/salary-surveys-market-overviews-career-guides/ireland-salary-survey/

London

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The London legal market has been gathering headlines over the last 6 months notably relating to Newly Qualified pay as well as growth plans within the City. The key headlines in our Overview being:

  • Elevated Salaries
  • Growth in the In-House Tech Sector
  • Expanding US Law firms
  • London Relationships

Our 2023/24 London Legal Market Overview & Salary Survey can be downloaded here: https://www.thomsonlrc.com/candidates/salary-surveys-market-overviews-career-guides/london-salary-survey/

International

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Having recently returned from visiting our clients, candidates and business partners in Sydney, it is also a good time for lawyers considering a move Overseas. With Covid restrictions now lifted, the demand for lawyers in many international locations has escalated with an increasing number of law firms and in-house legal teams offering excellent positions with enviable work/life balance and remuneration packages including relocation and visa sponsorship. If you are considering a move Overseas then our International Legal Market Overview 2023/24 below will provide guidance on current opportunities globally.

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Our International Legal Market Overview 2023/24 can be downloaded here: https://www.thomsonlrc.com/international/

Meet Thomson Legal in London

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Thomson Legal will be in London in April and we are looking forward to catching up with candidates and clients. If you wish to arrange to meet to have a coffee with us please get in touch: 0203 174 2482 or [email protected]

Candidates & Clients

If you are a lawyer considering your options please visit our website: www.thomsonlrc.com where you can access our current vacancies as well as further market information on the legal sector.

If you are a law firm or in-house legal team looking to hire then please visit the client section on our website: https://www.thomsonlrc.com/clients/

Next Month's Newsletter

In the April edition of our newsletter we will be looking ahead to the new financial year and the opportunities and challenges that will impact the legal sector in Scotland, Ireland, London and Overseas.

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