It’s that time of year, when Business Link Magazine invites the region’s business leaders to offer up their predictions for the year ahead.
It has become something of a tradition, given that we’ve been doing this now for over 30 years.
Here we speak to legal recruitment expert Jane Biggs, Managing Director at Bygott Biggs.
1) Back to office working policies are definitely making recruitment more challenging, as candidates are voting with their feet to join law firms and in-house teams who offer hybrid or remote working opportunities.
2) Similarly candidates want to see a commitment to ED&I and improving diversity statistics at all levels within law firms. Strong CSR initiatives also help attract the best talent which increasingly focus on what firms are giving back.
3) Generally speaking, law firms continue to publish healthy growth with revenues up year on year. Consolidation still seems high on the agenda and looks set to continue. With a new government there looks set to be a focus on growth in particular legal specialisms such as infrastructure, planning, construction and renewable energy.
They would be my three key predictions. Of course there is also the Budget, where it remains to be seen what the impact will be on areas like corporate, banking and real estate which experienced high levels of activity in the lead up to the Budget.
