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DestinationsThe start of 2010 brought with it a lifting of recruitment and salary freezes. This recruitment activity was led by the mid tier firms and more recently, the top tier firms. Practice areas that have experienced increased recruitment activity include resources law, corporate law (in particular, public mergers and acquisitions and private equity work), banking and finance, commercial law, IT/IP, employment, insurance and litigation as well as banking and finance. It is anticipated that scarcity of specialist lawyers will once again become a problem as the Australian and international economies strengthen.
For a comprehensive analysis of salary, employment experience and job satisfaction view Survey.
On the international scene, we anticipate that recruitment of Australian lawyers will remain somewhat subdued until the end of 2010. The Middle East and Asian markets have remained steady while the UK market, although challenging, has begun to show glimmers of improvement with salary freezes lifting and recruitment activity increasing. The US market remains subdued.
For a comprehensive analysis of salary, employment experience and job satisfaction view Survey.
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