‘Mini boom’ in house prices fuels demand for conveyancing professionals across the Midlands
Vacancies for private practice lawyers across the Midlands have risen by 68% month-on-month according to new survey data from specialist recruiter, Clayton Legal. The firm believes the rise in advertised positions can largely be attributed to the ‘mini boom’ the housing market has experienced in recent months. This, in turn, has resulted in a spike in demand for residential conveyancing professionals across the Midlands.
The survey, which was compiled based on the recruiter’s comprehensive data on advertised roles, reveals that residential conveyancing paralegals, solicitors, and heads of departments have been the most sought after professionals. This is in keeping with new data from Rightmove which reveals that, despite a traditional slowdown in the property market during the summer months, the Midlands has bucked this trend making it ‘one of the hottest property markets’ within England and Wales.
Commenting on the results of the data, Lynn Sedgwick, Managing Director at Clayton Legal said:
“It’s perhaps unsurprising that vacancy levels in the region are rising given the unusually buoyant property market in recent times. While the summer months usually give way to a quieter hiring environment we have seen quite the opposite within the residential conveyancing arena. And this has meant that professionals with experience in this area are not only highly sought after, but they are also able to command lucrative packages as firms grapple for the very best talent. And at a time when demand is outstripping supply in some locations, we are increasingly advising firms on their talent pipelining strategies to ensure that they have access to the right talent – both now and in the future - to contend with increased workloads.”
Elsewhere across the Midlands, Clayton’s data reveals that solicitors and paralegals specialising in family law and probate matters were also in demand across the region – two areas that the recruitment consultancy has noted steady requirements for since the beginning of the year.
For more information, or to see a full copy of the data, contact firstname.lastname@example.org