Law vacancies fall behind as number of overall graduate roles predicted to rise

The number of graduate vacancies in the legal sector will fail to keep up with other industries during the 2014/15 recruitment cycle, according to the Association of Graduate Recruiters (AGR).

The AGR surveyed its members across a variety of sectors to ascertain how many graduate vacancies would be available this year. Overall, recruiters expected the number of graduate vacancies to rise by 12 per cent this season, compared to a 4.3 per cent rise last year. 

The number of legal vacancies is expected to rise by 3.3 per cent this year, far below the 12 per cent average. The only sector to predict a smaller rise in vacancies, of those which predicted increases in numbers, was retail. However, this is a favourable change from the picture given by the AGR last year, which predicted that law vacancies would plummet.

Three industries predicted a fall in vacancies: energy and utility companies; FMCG companies and consulting firms.

Leading the pack was the IT and telecoms sector, which predicted that there would be 27 per cent more vacancies compared to last year. Public sector graduate opportunities are expected to increase by 23 per cent while investment banking opportunities will rise by 12.3 per cent and accountancy firms expect nearly 7 per cent more graduate vacancies compared to the 2013/14 season.

Full table of predicted percentage change in vacancies since 2013/14

 
Sector Predicted percentage change
IT/telecoms 26.9
Public sector 23
Construction 22.1
Engineering 19.7
Investment banking 12.3
Banking/ financial services 10.3
Accountancy 6.8
Law 3.3
Retail 0.7
Energy/utility  -0.3
FMCG company -5
Consulting firm -5.3