The Lawyer Africa Elite 2014 features an in-depth look at 46 leading independent firms’ strategies in 15 key sub-Saharan jurisdictions, as well as the views of in-house counsel from some of Africa’s largest companies... Read more
This year, The Lawyer’s annual ranking of the largest UK law firms by turnover is available as an interactive, digital benchmarking tool. For the first time this will allow you to manipulate each data set against the metrics of your choice.
Thirty-nine per cent of junior solicitors believe that the law firm partnership model is out-dated, with women less likely to aspire to partnership.
Just 68 per cent of junior lawyers aspire to become a partner, indicating some crossover between aspiring to the role while believing it to be archaic, with only 57 per cent of women looking to partnership, compared to 77 per cent of men, according to research by Eversheds, which surveyed 1,800 lawyers aged 23-40 worldwide.
It found that the majority of junior lawyers do not view law as a job for life. Of those aged 26-30, 37 per cent believed they would stay within the profession for the duration of their working life while 43 per cent of lawyers aged 30-40 thought the same.
Focusing on the gender divide, just 34 per cent of the women surveyed wanted to remain in law for life, compared to 46 per cent of men.
Flexible working was highlighted as a key concern for junior lawyers. More than one third (38 per cent) said that being allowed to work flexibly would be key to their career, while 25 per cent wanted a better work/life balance. Among lawyers aged over 28, a better work/life balance was the primary reason behind moving to another firm.