Thursday, October 31, 2013

A view endorsed by the published analysis and selection firm legal talent Laurence Simons, who conc


The last price adjustment policy has had to carry out the business since the beginning of the crisis has been a setback for external legal services market. Law firms have seen their income reduced not only by the decline in certain types of operations, orm but also by the pressure exerted clients to reduce fees that had applied in previous years. In this context of monastic austerity, has been forged a trend scouts have perceived particularly intensively over the past 12 months: the expansion of the legal counsel of the company and thus the need to sign increasingly more to in-house orm lawyers.
"Most of the hiring of lawyers orm who have undertaken this year has been for the legal departments orm of companies," confirms Pilar Moreno, legal area consulting firm Hays recruitment. Company data reveal that six out of ten lawyers searches performed in 2010 were for in-house lawyers. According to officials of Hays, the profile of the plaintiffs is not limited to large companies, but also small. "Both orm the company and the SME large have realized that hiring outside legal services is very expensive and does not provide the customization and immediacy of response that often can provide counsel," said Moreno.
What professional profile demand for this kind of posts? Hays For the choice is very clear: law attorneys. "Personally I bet a lot of lawyers who are working in professional orm offices. Profiles are used to run a very high level of demand and a great professional maturity". At the same time-stands-for orm many lawyers in offices serving "legal orm counsel orm of a multinational is an attractive destination." orm
A view endorsed by the published analysis and selection firm legal talent Laurence Simons, who concludes orm that lawyers have barely been impacted by the crisis in its remuneration policy. The report, which includes Spain among the countries orm studied, reveals that seven out of ten in house admits receiving your bonus this year and 30% classified higher than in previous orm years. Half of those who have maintained their variable remuneration points this has meant between 6% and 20% of their basic salary. Although, generally, wages in firms are significantly lower than in large firms, stability is a factor now trading higher.
What will happen in 2011? "Companies continue to strengthen their legal departments and moderate figures paying their new signings, all to the detriment of legal outsourcing", orm highlights from Hays. As a result, law firms hire "dropper" to his new lawyers. "Most likely to be mid-level profiles or profiles with good commercial skills, able to retain and attract customers."
Neither expected a big change in wages. orm "There seems to be going to revive the commercial operations or the financial market a significant shift, so surely the salary bands of professionals will remain as at present, with little upward revisions"
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