Annual Salary Survey

Salary Survey 2021 

Our 2021 Legal Accounts Salary Survey is now live, and we again need to ask for your help in compiling the all-important data.

It seems like a lifetime ago when we published the results of our 2020 Legal Accounts Salary Survey, which arrived during a period of widespread uncertainty for the legal sector and economy as a whole.

The results however were unchanged by the pandemic having been formed on data collected just prior to the country entering in to lockdown. The results of our 2021 survey will therefore provide an interesting contrast to see what impact the pandemic has had on salaries and bonuses for those working within legal finance.

The survey is 100% confidential and you don’t need to enter any contact details nor identifiable information. It only takes 2 minutes to complete with a simple online questionnaire – easily done in the time it takes to make a brew! As an added incentive, participants in this year’s survey also have the option to enter a prize draw to win a magnum of champagne.

If you find that it’s difficult to source accurate salary data within your region, you can play a big role in changing that by taking part and asking your peers and neighbouring firms to join in this confidential survey, sharing the link below. We’d again like to make a particular call to readers in Wales and the north of England to contribute and encourage others to participate, as we’d love to see a higher response level in these regions to strengthen the accuracy of data collected.

For two years running, a sizeable 69% of respondents have enjoyed a pay increase during the previous 12 months, with 45% also receiving a financial bonus last year. It seems inevitable that these figures will drop, but by how much and which regions will be most affected? Help us to find out!

To complete the survey, please visit: 
www.surveymonkey.com/r/LegalAccountsSalarySurvey2021

A link to the survey can also be found on Balance Recruitment’s website (www.balancerecruitment.com) and will close on 28th March 2021. The results will be published in the May/June issue of the Legal Abacus and on the Balance Recruitment website from late April/May.


Salary Survey 2020 Results

Despite our lives being turned upside down over recent weeks, we still had a great response to the annual salary survey from our members. Balance Recruitment have compiled the data and we hope that this will prove useful when the normal course of business resumes.

As always, we start with a big thank you to all of you who took the time out to contribute to our latest Salary Survey. We’ve once again had a huge response from the combined networks of the ILFM and Balance Recruitment. This year’s results will clearly be delivered during a period of significant uncertainty for us all, but we hope the data will provide some useful guidance for reference over the coming year. 

Whilst we are mindful that things have changed and will continue to change; and we want to be sensitive to the uncertain situations many people will be in dealing with. However, we thought we should share the data many of you kindly contributed too.  View and Download Full results here...