atrium-icon-sheet arrow caret reorder back up down info block block attention warning error help flag mug cursor quaver file edit notification wrench person person-small add capped-person folder-person document pin search reblog multimedia palette email google-play like lock cart banknote-euro kite mood-skills mood-graph online-counselling cloud phone folded tag price-tag-euro euro info-centre download upload link branch play-circled article-circled speech-bubble video-subtitle video-camera table off home statistics clock zoom-in calendar newspaper filter send group gallery card wallet folder zip dna legal select circle-outlined check zoom share image adobe-ai adobe-ps adobe-ae adobe-pr adobe-id adobe-au video menu hexagon more close graph plus Directional Turn2Me eCurve Symbols & Actions UI Controls Emoticons Files, documents, media & folders Objects & pseudo objects Time Finance & Commerce Geometrical Text & Editors Humans, Animals & Emojis Messaging Logos Devices Map, Transport & Location support-group check-all roadsign badge suitcase print chats message facebook twitter pinterest tumblr google-plus youtube delicious instagram laptop mobile tablet apple circle location airplane globe delete cog-complex star square triangle history feeling-great feeling-good feeling-okay feeling-bad feeling-terrible feeling-fail diamond octagon

A new report has given an overview of the Australian legal market, noting the disparity between the short supply of candidates and an increasing demand for their services.

According to the report, the “talent shortage facing Australian law firms is acute as ever” and the shortage is widespread within the Legal Sector.

As stated in the report the following areas are in increasing demand:

In the last few years there has been a constant demand for banking, corporate and projects lawyers.

“This year, the royal commission into the financial services industry has created a voracious appetite amongst law firms of varying shapes and sizes for litigators and financial services advisory lawyers.

There is also an upturn in needs across employment, competition and IP.

From a global perspective, the report found there is a huge demand for transactional lawyers, following a brief pause in recruitment drives among UK law firms, due to Brexit concerns.

“This has continued to deplete stocks of Australian mid-level lawyers seeking greener pastures in London (and indeed other locations),” the report said.

“Whilst we hoped for an exodus of returning Australian lawyers back to our capital cities, it became evident over 2017 that Australian lawyers working in London were being well looked after – continuing to enjoy high quality work and responsibility and excellent earning power.

“In other words, the shortage of mid-level and senior associate Australian lawyers across numerous practice areas continues.”

Over on the in-house side, the report noted that in-house legal teams have continued to grow solidly.

We have seen extremely competitive offers from them to attract mid-level and senior transactional lawyers from private practice.

“This, combined with often better working hours, continues to make in-house a very attractive option for private practice lawyers.”


Keane McDonald have a number of Legal Opportunities in Australia , for more information on these roles, please contact Yvonne Kelly in strict confidence on +353 1 6087713 or send your CV to Absolute discretion is assured.