27 August 2024
2024 ALPMA Summit + ALTACON, 11-13 September 📽️ Watch On-Demand
2024 ALPMA Summit + ALTACON, 11-13 September 📽️ Watch On-Demand
Location
New Zealand
Report released on
7 March 2022
The 2022 New Zealand ALPMA/Fluid Legal Recruitment HR Issues & Salary Survey was conducted late 2021 to early 2022, for release in March 2022.
This year, 117 law firms (representing 3,574 staff) participated in our New Zealand survey, making it the most comprehensive, independent HR and remuneration study across all roles (including actual salaries paid) within the New Zealand legal industry.
This 70+ page report includes detailed information on:
Wage growth in the legal industry higher than national average |
2021 Legal Industry Salaries: Up 3.9% Highest increases for secretarial support (4.9%) and legal executives (4.6%).Beating 2021 average national wage growth of 2.6%. |
Firms reported record employment growth, and remain optimistic for 2022 |
57% of participating firms increased headcount in 2021
62% expect to increase staff over the next 12 months |
Fee earners in demand, with increasing reliance on legal executives evident |
81% of participating firms expect to recruit for lawyers and solicitors in 2022
Ratio of lawyers to legal executives fell to a five year low of 2.82 – down from 4.03 in 2018 |
With wage growth lagging inflation, firms expect higher wages in 2022 |
67% of participating firms expect to negotiate individual pay increases with staff above Consumer price index (CPI) |
Bonuses retained for lawyers, but paid selectively to other roles |
Nearly nine in ten NZ firms pay their lawyers a bonus
Firms offering bonuses to legal executives decreased to 55% |
COVID dominates HR issues, but talent retention and acquisition move up the list of challenges in tight labour market |
Managing risk and policy reviews, including COVID-19, is an important HR challenge for 95% of participating firms
The challenge of employee retention & talent management returns to second place (94%) for NZ firms in 2022 |
The discussion of the findings of the survey and an insightful overview of the current recruitment market from our sponsors Fluid Recruitment is available via ALPMA's On-Demand Learning Centre.
If you have any questions about the research or need assistance, please contact our research team.