Legal professionals are loyal and hardworking, according to the Career Lifestyle Survey by recruitment consultancy Robert Walters. Only 30% said they would start looking for a new job after less than three years. This makes legal professionals among the most loyal groups of staff in the UK, ahead of marketing (65% would look elsewhere after three years or less), projects (60%) and IT (52%). They also have longer average working weeks. 42% put in 50 hours per week or more and significantly more than in marketing (21%), HR (25%) or accountancy (30%).
16 October 2014
Lawyers are loyal
MOVERS & SHAKERS
Signature Litigation—Catherine Naylor
International fraud and asset recovery offering boosted by partner hire
Stevens & Bolton—Alexa Payet
Private wealth disputes team adds contentious probate specialist
Morgan Lewis—Paul Feldberg
Firm strengthens investigations and sanctions capabilities with London partner hire
NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
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