This month brought sorely needed and warmly welcome news for the graduate recruitment sector as a whole. According to new research published by the Higher Education Careers Services Unit, graduate unemployment has fallen for the first time since the onset of the recession – but it still remains uncomfortably high, with the pace of recovery slow.
HECSU’s annual ‘What Do Graduates Do?’ report, which charts the destinations of full and part-time graduates six months after leaving university, reveals that graduate unemployment has declined from 8.9% to 8.5%.
But what about the Legal profession, traditionally one of the most ‘robust’ sectors and apparently immune from economic woes? Isn’t this a relatively recession-proof perennial harvester of good talent – and what can be expected in 2012?
We asked Steve McNally of Equality Law to give an overview of who is recruiting across the sector in 2012.
“It’s fair to say that in comparative terms, the legal world has held up well as a recruiter of talent post-2008 ‘meltdown’. Certainly, all the usual suspects, from the ‘Magic Circle’ to national networks, regional specialists and single-location firms are recruiting in some shape and form in the coming year. Look at specialist recruitment sites and there are over 1,000 firms nationwide currently offering training contracts to graduates, as well as 200+ Barrister sets offering pupillage. Add to that the large raft of work placement schemes and paralegal positions – and it’s clear that there is a great deal of opportunity on the horizon in 2012.”
“That said, competition for places remains as high as ever, which is why people coming into the legal profession must remember that it’s a many-sided entity; they must choose the path that’s right for them. This sector is populated by an immense variety of firms and barrister sets, each of which can differ quite widely, not just in terms of location and client base, but also working culture and, of course, legal specialism.”
Wider Access & Diversity
For some time there’s been a growing movement in the legal profession to create a more diverse workforce. For 2012, this has led to a large number of diversity projects and access schemes, designed to ensure that law is a possible career for every member of society. Inevitably the main focus has been on finding work experience in law firms and barristers’ chambers for school and undergraduate students. All of the firms and barristers mentioned are actively recruiting graduates in 2012, as well as offering wider access and opportunities through the following schemes:
Sponsors for Educational Opportunity (SEO)
SEO offers high quality mentoring and finds summer internships for outstanding penultimate year undergraduates from ethnic minority groups currently under-represented in the City. Big name firms such as Ashurst, Berwin Leighton Paisner, Eversheds, Herbert Smith, Latham & Watkins, Linklaters, Macfarlanes, Simmons & Simmons, Weil Gotshal & Manges, Ashurt and Winston & Strawn LLP sponsor the scheme, which also covers banks, professional services and technology and programming. The non-profit organisation has an impressive success rate: more than 80% of SEO interns eventually secure a full-time position with a sponsoring firm. Corporate law interns have access to senior partners at all sponsoring firms, can complete multiple placements, receive more than 60 hours of training and will be allocated a personal mentor.
Social Mobility Foundation (SMF)
This ambitiously broad, innovative charity seeks to place high-achieving A-level students from low income backgrounds in placements with major private and public sector institutions. Geoffrey Vos QC, chairman of the group, says the SMF tries to “find ways of bridging the gap between clever students from poor background becoming interested in achieving a high-level career, and actually getting into that high-level career”. Sponsors include top law firms such as Clifford Chance, Freshfields Bruckhaus Deringer and Linklaters.
Black Lawyers’ Directory (BLD)
BLD was formed in 2006 to promote diversity within the legal profession and provide a forum for networking. BLD currently has two initiatives for young people within its Legal Gateway Scheme. Law and non-law undergraduates benefit from the Legal Launch Pad programme. The selected students attend various training sessions that include mock interviews and at least one week’s work experience at a sponsoring organisation. Sponsors of the Legal Gateway Programme include: A&O, Beachcroft, Berwin Leighton Paisner, Clifford Chance, DLA Piper, Freshfields Bruckhaus Deringer, No5 Chambers, Olswang, Shoosmiths, Slaughter and May and White & Case. The selected students attend various training sessions that include mock interviews and at least one week’s work experience at a sponsoring organisation.
“Opening Doors, Breaking down Barriers.”
In April 2011 a government-initiated, social mobility initiative entitled “Opening Doors, Breaking down Barriers” was announced. Allen & Overy was the first firm to sign up to it, promising to offer internships (or work placement places) to young people from deprived backgrounds.
With all of these schemes in place and the strong number of available vacancies on simplylawjobs.com, it seems that in 2012, the legal sector will be a very exciting place indeed.
Picture by umjanedoan