The Qualification Season: Construction

March 12, 2012

As part of The Qualification Season – a series of blogs by CapeClarke aimed at trainee solicitors looking to qualify in September 2012 – we will give a brief overview of the market conditions affecting many of the core legal disciplines that trainee solicitors look to qualify into.

The next area of law for discussion is Construction.

The Current Market: The contentious construction market has been busy for the last few years with the top law firms working on European and, in some cases, international matters, although since the conclusion of the Wembley dispute, many firms are again under-utilised and pitting against each other on the major tenders.  In respect of non-contentious construction work, departments are still waiting for the recommencement of some developments and the recovery of the property market, although a slight upturn in utilisation has been reported.

Is this a good career option? Both areas represent a fairly stable career to move into, although in terms of transactional work, it is driven by the success of the commercial property market.

September 2012 opportunities: If the last two years is an indication as to qualification opportunities this year, it is unlikely there will be many external vacancies.

What to do next? This is only a very brief overview of this area of law. For a more detailed discussion of the state of the legal market and your own career options, please contact either Terry Cape or Chris Clarke on 0113 2385965.

 

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