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With the legal sector already experiencing skills shortages, new research shows that the number of people applying for jobs decreased significantly last month.

The Association of Professional Staffing Companies (APSCo) report, using data provided by Broadbean Technology, found a noticeable drop in applications in the second half of 2022, which plummeted 49% between January and February 2023.

At the same time, job vacancies continue to grow with figures revealing they are up 16% year-on-year.

The report also shows that average salaries increased across the legal sector during the second half of last year, rising by almost 11% and 13% respectively when comparing January and February in 2022 and 2023.

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Ann Swain, CEO of APSCo, said, “While our research is showing a level of upheaval in the jobs market – with vacancies reporting peaks and troughs over the last five months as concerns around the economy grew – the standout data is the fall in applications across the legal sector.

“February reported the second lowest number of applications over the last year, marking a 49% drop month-on-month. While vacancies also fell during this period, this was on a much smaller scale, down just 17%.

“This suggests that the skills gaps in the sector are widening at an alarming rate.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Thousands of Contractors Choose Dolan Accountancy

With over 25 years experience in contractor accountancy helping thousands of contractors, freelancers and the self employed, Dolan Accountancy has the specialist skills, reputation and credibility you can trust.

Working closely with our sister company, Contractor Umbrella, it means we can offer one low cost, fixed fee package at £105 + VAT. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795 100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours
  • Free use of Contractor Umbrella – With IR35 Legislation changes we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, Contractor Umbrella
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams
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  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few
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