Balance Recruitment report: Legal accounts quarterly market update 2018
The summer months continued to be a busy period for hiring across the legal accounts niche, with demand for both permanent and interim requirements across a broad spread of seniority levels.
We’re seeing a steady flow of movement arising from general churn as people make external career moves and need replacing, but also an encouraging number of new vacancies arising through headcount increases, including newly defined roles.
“Many firms have struggled when hiring for Commercial Finance roles lately, particularly those who are looking for the finished article from within the legal sector. Firms who are focused too heavily on hiring individuals with existing industry expertise are fishing from a small pool of potential hires – many of whom will still be well within 3 years at their current firm, with trusted relationships formed with key stakeholders who won’t want them to see them leave (at any cost!). We’ve been encouraged however, by working with an increasing number of firms who are being more open minded on the experience requirements for commercial finance roles - scrapping the necessity to only look at qualified accountants, and instead meeting with candidates from other industries or commercially minded applicants with working capital management backgrounds.” - Richard Hooper, Director.
See the full report above.