Legal Executives - Midlands
Salary ranges for Legal Executives are more difficult to predict, with a number
of factors influencing salaries paid.
• Geographical Area: City Centre salaries are higher than provincial
practices, with discrepancies between certain cities and also between areas of the
country.
• Years of Experience: In most cases, years of experience are more important
than ILEX status in determining salaries paid. Increasingly, Firms are rewarding
staff who gain ILEX qualifications and attain Member and Fellow status, many will
fund ILEX courses too.
• Areas of Discipline/Market Forces: Salaries can be strongly influenced
by general market forces and economic trends. As Legal Executive salaries are not
as prescribed as that of Solicitors, who are governed to a large degree by their
PQE, in many cases they are paid based on their billing figures, as opposed to seniority
or time served. As a rough guide, it is not unreasonable to expect to earn one quarter
to one third of what you bill.
There is indication however of some firms bringing Legal Executive pay scales for
Legal Executive Fellows in line with their Solicitor equivalents. This is likely
to continue as practice rules change to benefit Legal Executives in the future and
the increase in the number of Fellows achieving Higher Rights of Audience.
Our unique position in the legal marketplace has allowed us to compile the following
table:
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ILEX SALARY SURVEY - LEGAL EXECUTIVES - MIDLANDS - 2010
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family
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wills & probate
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debt recovery
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res property
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com property
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personal injury
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civil litigation
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crime
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student
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£12-17K
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£16-22K
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£13-16K
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£14-20K
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£16-24K
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£12-20K
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£12-16K
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£12-16K
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member
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£20-32K
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£22-33K
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£15-23K
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£18-35K
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£20-30K
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£20-33K
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£15-20K
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£14-24K
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fellow
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£25-45K
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£28-46K
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£25-40K
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£25-35K
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£28-40K
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£30-45K
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£22-40K
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£24-35K
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paralegal
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£11-25K
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£15-30K
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£12-28K
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£16-35K
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£16-30K
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£12-30K
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£12-25K
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£12-20K
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Family
Demand is stronger for candidates with experience in privately funded work, in particular
ancillary relief.
Wills & Probate (Private Client)
Consistently high demand for experienced Execs and junior fee earners. Senior candidates
particularly with Tax & Trusts experience are always very popular and firms
are making quicker and higher offers to attract candidates.
Debt Recovery
The change in the economy has seen an expected increase in demand from firms with
established operations in this sector. Increased workloads in both mortgage repossession
and undefended debt recovery mean candidates at all levels are required. This area
of work can in medium / small firms be a useful route into more complex commercial
litigation.
Personal Injury
This sector continues to regain strength, with defendant candidates still in relatively
short supply. Claimant work is increasingly accompanied by a bonus related to a
fee earners profit costs. Demand is still high for candidates with a minimum of
18 months fee earning experience dealing with fast-track caseloads. Paralegals and
legal executives are now seen as more cost effective, self sufficient and flexible
than solicitors. Salaries do vary quite dramatically between firms due to differing
bonus schemes and quality of work.
Crime
Police Station Accredited Representatives are still in demand, however the criminal
market has obviously been hit by the changes in funding for Public Law.