The Missing Middle

The shortage of legal talent, particularly among lawyers with 3-4 years of post-qualification experience (PQE), has become a pressing issue in the legal sector. This gap, often referred to as the "missing middle," is a unique opportunity where lawyers can strategically position themselves for accelerated career growth.

This talent shortage stems directly from the COVID-19 pandemic, which disrupted the natural flow of new talent entering the workforce, particularly those who would have qualified around 2020. These early PQE years are critical for lawyers, as they refine their technical skills and build essential client and business development experience. However, pandemic-related travel restrictions, the shift to remote work, and general uncertainty delayed many career moves, creating a backlog of talent. As restrictions lifted, a surge of job changes followed, intensifying the shortage at this key PQE level.

But is this shortage entirely negative? Its effects are being felt throughout the industry, impacting both clients and candidates in several ways:

1. Increased Demand Across Practice Areas: Legal professionals with 2-7 years of PQE are in high demand, particularly in corporate, litigation, and property law, as firms strive to fill critical roles and secure future leadership.

2. Fierce Competition: To attract and retain mid-level talent, law firms are offering enhanced salary packages, benefits, and flexibility, making the job market highly competitive for those in this experience range.

3. Career Acceleration: With fewer experienced lawyers available, junior lawyers are often stepping into roles traditionally reserved for more senior positions, which can accelerate their career progression.

For lawyers in the 3-4 years PQE bracket, this presents a unique opportunity. With demand at an all-time high, now is the perfect time to reassess your career trajectory and ensure that your compensation aligns with market rates. Many firms are offering accelerated career development and more competitive compensation packages to address the talent gap.

At JMC Legal Recruitment, we offer salary benchmarking services to help lawyers understand their market value in today’s competitive landscape. Whether you’re considering a career move or simply want to ensure you’re getting the most out of your current position, we can help you explore your options.

Take advantage of this opportunity to leverage the high demand for both financial and professional growth!