Legal Finance Market Update Q2 2025

The legal finance market has experienced a busy second quarter, marked by a surge in hiring across several key areas. Here's a roundup of the key trends we're currently seeing in the legal finance & accounting recruitment market.

Surge in demand for pricing professionals across all levels

One of the notable trends has been the rising demand for pricing professionals at all levels from Analysts and Senior Analysts to Managers. Interestingly, these Manager roles are not necessarily team leadership positions; rather, they involve overseeing specific practice groups, reflecting a strategic approach to driving firm profitability. Many of these roles are newly established, reflecting firms’ commitment to evolving their finance functions.

This momentum highlights a growing investment in pricing capabilities, as firms increasingly recognise the value of finance teams working closely with partners to provide commercial and strategic insights.

A particularly notable shift is the openness to hiring professionals from outside the legal industry. Candidates from consultancy and broader professional services are now in demand, and we have seen smooth transitions from industries such as automotive and aviation.

Finance Business Partner roles on the rise

Beyond pricing, there has also been a notable increase in Commercial Finance roles, particularly Finance Business Partner positions. These roles are playing a key part in helping firms scale and improve profitability by embedding finance expertise within operational decision-making.

US law firms in London driving demand for Accountants

Another area where we have seen significant growth is with US law firms based in London. These firms are expanding rapidly, leading to a need to grow their business services teams. One notable trend is the increased demand for Accountants, including Management Accountants and Financial Accountants, at the part-qualified and qualified level.

US firms have found success in hiring these accountants by not limiting their search to the legal sector or to fully qualified accountants. There are many talented individuals from outside the legal sector with valuable experience who are eager to transition into the legal industry. It's encouraging to see law firms giving these candidates the opportunity to make this move.

Predictions for H2: Continued growth and investment in legal finance

Overall, the past quarter has been a period of growth, innovation, and transformation in the legal finance market. With continued investment in pricing teams and the ongoing expansion of US firms in London, we anticipate these trends will continue, offering exciting opportunities for finance professionals across all sectors.

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