As part of The Qualification Season a series of blogs by CapeClarke aimed at trainee solicitors looking to qualify in September 2018 we will give a brief overview of the market conditions affecting many of the core legal disciplines that trainee solicitors look to qualify into.
The next area of law for discussion is Construction.
The Current Market
In respect of non-contentious construction work, departments are incredibly busy due to the buoyancy of the commercial property market. This shows no signs of tailoring off at all. Speculative building projects are also now back in vogue (in particular, large commercial sheds), which has increased the demand for non-contentious construction lawyers even further.
The contentious construction market has been busy for the last few years with the top law firms working on European and, in some cases, international matters. There have been more opportunities within contentious construction teams than quality applicants on the market.
2017 saw a huge appetite for construction lawyers at all levels.
Is this a good career option?
Both areas represent a fairly stable career to move into, although in terms of transactional work, it is driven by the success of the commercial property market. Obviously, at present, that is great news for would-be construction lawyers and we have recently made a number of placements into firms actively looking to expand their construction teams.
September 2018 opportunities:
If the increasing opportunities which have arisen in the past 24 months are an indicator as to how the NQ market will perform this year, we suspect that there will be a number of vacancies.
If you have been thinking about a move or would just like some general advice about options in the market, please feel free to contact one of our dedicated consultants on 0113 2385965 or 0161 3000750.
CapeClarke is a leading niche legal recruitment consultancy operating across Leeds, Manchester, Sheffield, Newcastle, Liverpool and London. Please feel free to check out our priority legal vacancies by clicking here. Please note these legal vacancies are only a small selection of those we have been instructed on, so please get in touch if you do not see a role which looks suitable.