The number of lawyers worries about their job security has fallen to a five-year low, new research has revealed.
Data from the legal recruiter Douglas Scott showed that only 8 per cent of lawyers surveyed cited job security as the main motivator for changing jobs in 2018. This rate has been steadily falling from its 5 year peak of 21 per cent at the beginning of 2014.
The number of lawyers actively searching for a new job is also down. Only 24 per cent are actively job-hunting, down from a high of 42 per cent in 2015.
Meanwhile, 48 per cent of lawyers are not planning move in 2018, up from 41 per cent in 2017 and 31 per cent in 2015.
Douglas Scott associate director Jon-Paul Hanrahan said: “The legal sector took a battering during the recession which was compounded by changes in public funded work and litigation and the liberalisation of the legal services market. It wasn’t until 2015 that most lawyers started to think about getting their careers back on track again. With job security fears subsiding lawyers can focus on making proactive choices about their careers.”