BCL Legal Defies Downturn
BCL Legal Defies Downturn with Rise in Annual Candidate Placements Including a 40% Surge in Partner Level Positions
Manchester headquartered BCL Legal - one of the leading legal recruitment consultancies outside London is bucking the current downturn in both the legal and recruitment sectors by placing a total of 435 lawyers for the year from November 2008 an increase of 13 on the period 2007/2008. The figure is thanks, in a large part, to the 40% rise in the number of partner level placements that the company has completed within the North West private practice sector.
This impressive growth, in such tough trading conditions, is especially encouraging following the recent news that profits have sunk on average 33% at the regions law firms (source: Pricewaterhouse Coopers). BCL Legal, which also has offices in Birmingham, Leeds, Liverpool, Bristol and Reading, primarily attributes much of this years success to rising confidence in the Insurance, Commercial Litigation, Employment and Personal Injury sectors.
Other key factors include increased numbers of high calibre legal professionals at all levels who have been actively seeking new positions - thanks to redundancies and ongoing job insecurity. As well as clients using the current situation to reassess their recruitment requirements by strategically employing the best possible staff to help drive them forward once the recession comes to an end.
James Batt, Director of BCL Legal, said Although the figures appear modest on first glance, they are great news as this year has been particularly tough for both the recruitment and legal professions. The results are also encouraging as it shows business confidence is picking up, slowly. There is no doubting that the market is still difficult but most private practice law firms and organisations are now firmly focused on making 2010 a success.
James concluded Although this years performance gives us a solid platform for growth as the economy continues comes out of recession, we are not resting on our laurels as we realise that new challenges will continue to test both us and our clients for the foreseeable future.