Uk   Legal F&A Q1 18

Legal Finance Market Insights Q1 2018

Published on 31st January 2018

Skills in Demand

The end of 2017 and the beginning of 2018 have seen an influx in pricing focused roles, including Pricing Manager vacancies in larger firms (Top 50) and teams expanding further at entry level in these pricing/finance analysis teams.

We have also been busy with database/ reporting/ systems focused roles and skills such as SQL, and SSRS have been highly desirable, as well as individuals with knowledge of Power BI tools.

There has been some significant movement at the senior qualified level, as well as new roles being created, focused on partnership tax and practice director roles (in smaller, boutique firms). 

Predictions for the Coming Quarter 

We are expecting to be busy with more untraditional legal finance roles as we continue to see transactional roles pushed out of London. The nonconventional finance roles including pricing, analysis, reporting, systems are likely to be prominent in Q1.

Mergers & Acquisitions

Talk of Berwin Leighton Paisner and Bryan Cave.

Advice for Employers

Move quickly when reviewing CVs and throughout the interview process – the market has been busy so far in Q1 and we only expect it to ramp up even more so candidates are in high demand. It is important you don’t miss out on a candidate by delaying processes from your side.

Sell in your role and the firm – make your opportunity stand out against the other roles candidates are interviewing for.

Be open-minded at FQ level to candidates outside of legal – with an increase in fully qualified accountant roles on the market, in order to fill your vacancy, we encourage you to be open-minded to candidates outside of the legal sector and this could limit the amount of CVs to review and avoid delay the recruitment process.

Advice for Jobseekers

Preparation is key – always relate your CV to the role and the job specification.

Meet with your consultant - make time to go over interview preparation.

Keep on top of your search – come back on job specifications ASAP to avoid missing out.

Provide us with your interview feedback promptly after your interview to help keep the momentum of the recruitment process.

Always be honest about what other opportunities you are exploring.

Legal Finance & Accounting Salaries Q1 2018

Job title Annual salary range (£) Contract rate (£)
Accounts Payable
Accounts Payable Supervisor 35K - 50K 21 - 30 an hour
Accounts Payable (2 years+) 25K - 32K 15 - 20 an hour
Accounts Payable (up to 2 years) 20K - 25K 12 - 15 an hour
Billings Manager 45K - 60K 28 - 37 an hour
Senior Legal Biller 38K - 45K 23 - 28 an hour
Legal Biller (2 years+) 28K - 37K 17 - 22 an hour
Legal Biller (up to 2 years) 25K - 35K 15 - 21 an hour
Senior eBilling Coordinator 35K - 45K 21 - 27 an hour
eBilling Coordinator 30K - 35K 18 - 21 an hour
Revenue Manager 40K - 80K 25 - 50 an hour
Revenue Controller 35K - 45K 21 - 27 an hour
Revenue Assistant 25K - 34K 15 - 21 an hour
Credit Control
Credit Manager 45K - 70K 28 - 40 an hour
Credit Controller (2 years+) 30K - 42K 18 - 26 an hour
Credit Controller (up to 2 years) 25K - 28K 15 - 17 an hour
Head Cashier 45K - 65K 28 - 40 an hour
Senior Legal Cashier 35K - 45K 21 - 28 an hour
Legal Cashier (2 years+) 30K - 35K 18 - 23 an hour
Legal Cashier (up to 2 years) 25K - 32K 15 - 18 an hour
Financial/Management Accounting
Finance Director 140K - 250K 1000 - 2000 per day
Financial Controller  90K - 150K 600 - 1000 per day
Fully Qualified Accountant (5 years PQE) 70K+ 300 - 400 per day 
Fully Qualified Accountant (3-4 years PQE) 65K - 75K 280 - 400 per day 
Fully Qualified Accountant (1-2 years PQE) 55K - 65K 230 - 280 per day 
Newly Qualified Accountant 45K - 55K 200 - 250 per day 
Part Qualified Accountant 25K - 45K 15 - 21 an hour
Finance Systems Analyst 40K - 65K 350 - 600 per day 
Finance Systems Manager 70K - 90K 400 - 600 per day
Accounts Manager 55K - 80K 30 - 50 an hour
Head of Pricing 100K-120K 600+ per day
Business Manager 90K - 150K 600 - 800 per day
Pricing Manager 70K - 90K 400 - 600 per day
Commercial/Pricing Analyst (qualified) 55K - 70K 300 - 400 per day
Commercial/Pricing Analyst (non-qualified) 45K - 55K 200 - 250 per day


* Notes on salary table

1. Titles and levels vary from organisation to organisation.
2. The salary ranges given are only approximate guides. For tailored salary advice, please contact us directly.
3. 12-month base salaries are assumed.
4. All other benefits and bonuses are in addition to these figures.
5. Bonus ranges can vary significantly from company to company and will be influenced by market conditions, business and individual performances.