{"id":3227,"date":"2021-11-11T04:27:00","date_gmt":"2021-11-11T04:27:00","guid":{"rendered":"https:\/\/sites.thesrgroup.com\/taylorroot\/?p=3227"},"modified":"2022-12-06T11:31:28","modified_gmt":"2022-12-06T11:31:28","slug":"the-war-for-junior-to-mid-level-lawyers-and-its-impact-on-salaries","status":"publish","type":"post","link":"https:\/\/srgroup.highrise.digital\/zh-hans\/market-insight\/the-war-for-junior-to-mid-level-lawyers-and-its-impact-on-salaries\/","title":{"rendered":"How is the war for junior lawyers impacting in-house salaries?"},"content":{"rendered":"\n
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Throughout 2021, Taylor Root has witnessed the strongest recovery in the in-house legal recruitment market ever experienced, which has impacted significantly on candidate supply and demand, as well as on recruitment processes.

Recently, I commented in The Times<\/a> about the war for hiring junior to mid-level lawyers and how it is impacting salaries. Such demand for junior-to-mid PQE levels across all sectors has driven up base salaries as companies compete for a small pool of millennial candidates, who are aware of the scarcity of their skill set and are using this to their full advantage.<\/p>\n\n\n\n

Lawyers are commanding between 10-20% pay increases to move role, compared to pre-pandemic levels of 5-10%<\/a>. Furthermore, private practice salaries at this level have continued to soar disproportionately to level of experience, with newly qualified salaries starting at c.\u00a3100,000 for Magic Circle firms and c.\u00a3140,000 for US firms. <\/p>\n\n\n\n

Commercial and technology lawyers are (as always) in strong demand and short supply, and often have numerous options both in-house and in private practice.

Salary isn\u2019t the only factor which is attracting junior-to-mid level lawyers; working for well-known brands, company culture and flexible working are also key drivers to move jobs. 

For further information about salaries and market insights, download and read our recently published UK & Ireland In-House Market & Salary Report – 2021-22<\/a>, which provides a comprehensive breakdown of salaries for each sector within banking & financial services and corporate & commercial, broken down into PQE level, including junior-to-mid PQE levels in the UK & Ireland. <\/p>\n\n\n\n

If you require any bespoke salary advice or benchmarking for you or your team at junior-to-mid level or any level, please do get in touch<\/a>. <\/p>\n<\/div>\n\n\n\n

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Sarah Ingwersen<\/a><\/h2>\n\t\t\t\t\t\t\t\t

Managing Director | Global Head of In-house Legal<\/a><\/h3>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
China, Hong Kong, Ireland, Netherlands, Singapore, UAE, UK, US<\/div>\n\t\t\t\t\t\t
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