Demand is certainly outstripping supply when it comes to property lawyers. Currently there are only 69 lawyers in Wellington with known property experience in the most moveable 3-7PQE bracket.
Property Lawyers are in high demand
The most sought after practice area in the last year is easily Property, which is not surprising given the recent surge in the property market. A quick look at Seek shows the huge demand for lawyers with this expertise – but finding those lawyers open to changing roles is proving difficult.
To break it down, our Insource platform shows that Wellington is the shortest market with only 2.4% of their practising 3-7PQE lawyers (the most easily moved lawyers) having some (known) property experience (this includes specialist and generalist lawyers). In real numbers that is only 69 lawyers. Auckland has 4.3% (285 lawyers), Hamilton 7.1% (40 lawyers), Christchurch 6.9% (101 lawyers) and Dunedin 7.3% (24 lawyers).
It has therefore never been more important to start pipelining lawyers who you might want to employ in the future. Having those conversations early (i.e. 6-18months in advance of a move/need) and keeping the communication open will mean you are not scrambling for talent when you need it most. Our Insource platform and industry know-how can help you do just that, so get in touch for a free demo and chat about how we can connect the right lawyers to your practice.
