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new zealand law society& hays legalsalary guide 2015A guide to salaries and recruiting trendsfor the New Zealand legal profession.
CONTENTSintroduction 3thank you3FOREWORD 4SECTION ONE: MARKET OVERVIEW & TRENDS5- Salary increases 6- Work type/length 7- Recruitment trends 8- Benefits 9- Staffing 10SECTION TWO: SALARY INFORMATION11- Private Practice 12- Inhouse 14
introductionIt is with great pleasure that we present ourfirst New Zealand Law Society & Hays LegalSalary Guide. Our Guide aims to provide youwith a general overview of salaries and legalrecruitment trends in the local market. Withthe help of the New Zealand Law Society andits members we’re able to present aninsightful overview of the current market thatincludes comprehensive salary data for mostregions and levels of experience.The survey was completed by over 1,900 members of the society which was an excellent response. It was conducted inearly 2015, and in the time since the New Zealand economy has continued to perform strongly. With high levels ofconstruction and investment and a buoyant property market, the legal industry has seen increasing amounts oftransactional work and consequently high demand for commercial and commercial property solicitors at all levels. Off theback of high activity, we have continued to see demand in litigation as well as insurance, which are usually countercyclical. Overall the demand in most areas of law has placed upward pressure on salary expectations.Salary freezes are now a thing of the past for most legal roles, and many employers have turned their attention to staffattraction and retention. In our survey one third of respondents said they will consider a new role in 2015, which highlightsthe need for employers to look at staff retention not only from a salary perspective, but also in terms of the benefits onoffer, such as flexible working hours and bonus schemes. Such schemes allow employers to reward their high performersand attract talent from competitors without causing parity issues internally. Interestingly, salary is no longer the singlebiggest motivating factor for candidates when they look for a new role; instead our survey shows that many now considercareer opportunities and work/life balance to be just as important. In terms of retention, over half of those surveyed saidthey would stay with their current employer due to a good work/life balance, which was considerably more than thenumber who would stay for salary. This shows the changing attitudes of candidates in a strong market and employersneed to be aware of a top candidate’s stronger bargaining position when trying to attract new talent.Our Salary Guide provides employers with the insight you need to set competitive salaries for your staff. For employees, ithelps you keep abreast of current market rates. We would like to thank all those people who participated in our survey,and the New Zealand Law Society for their strong assistance in creating this Guide.Joshua ChapmanTeam Manager, Hays Legal, AucklandThank youWe would like to express our gratitude to those who participated in the collection of data for this year’s Guide. Your contribution hasensured that we can produce an informative document to help support your business decisions.Disclaimer: New Zealand Law Society/Hays Legal Salary Guide is representative of a value added service to our clients and candidates. Salary data has been collected fromlegal professionals across New Zealand and analysed in conjunction with Hays’ own placement data. Whilst every care is taken in the collection and compilation of data, theguide is interpretive and indicative, not conclusive. Therefore information should be used as a guideline only.New Zealand Law Society & Hays Legal Salary Guide 2015 3
forewordThe New Zealand Law Society ispleased to be involved with providinguseful information on salaries andemployment benefits to the legalprofession.The Law Society believes both the profession andconsumers of legal services will greatly benefit fromrobust information and statistics on the legal servicesindustry. As the national professional organisationfor lawyers we feel that provision of such informationis part of our role. Remuneration is obviously animportant ingredient in attracting and retaining talentedlawyers. We know that data on salaries by size of firmor employing enterprise and location will assist legalemployers around the country to develop appropriateand relevant employment packages.The comprehensive data which has been collected forthis report would not have been possible without theparticipation of many of the lawyers employed by ourlaw firms, government agencies and businesses. I wouldlike to thank everyone who provided information. Theresult has been an excellent resource which will assistthe whole industry.I would also like to thank Hays for partnering with theLaw Society in carrying out this survey. Hays has beenable to draw on its wide knowledge of legal recruitmentand its data analysis resources to produce a report whichsets a valuable benchmark for the legal profession.Chris MoorePresident, New Zealand Law Society4 New Zealand Law Society & Hays Legal Salary Guide 2015
section one:Market Overview& TrendsQueensland Legal Salary Survey Report 2011 5
Did your base salary increase in 2014 and if so, by how much?28% 28% 12% 10% 22%From 1% to 3%NilFrom 4% to 6%From 7% to 10%More than 10%MARKET OVERVIEW & TRENDS - SALARY INCREASESDo you expect your base salary to increase in 2015 and if so, by how much?27% 32% 15% 12% 14%From 1% to 3%NilFrom 4% to 6%From 7% to 10%More than 10%When are your annual salary reviews held?5 9 berJuneDo not conduct annual reviews9%12%3%July6 New Zealand Law Society & Hays Legal Salary Guide 2015
Are you working on a part time basis?14% 86%NOHow long do you intend to stay with your current employer? (Total time since you commenced with the firm)9%3%3% 6 months6 months - 12 months1 year - 2 years26%23%22%3 years - 5 years5 years - 10 years 10 years14%2 years - 3 yearsNote: Multiple choices permitted.New Zealand Law Society & Hays Legal Salary Guide 2015 7MARKET OVERVIEW & TRENDS - WORK TYPE/LENGTHYES
Are you considering a new role in 2015?34% 66%YESNOIf yes, what are your main reasons for considering a change?55%46%Career opportunitiesSalaryMARKET OVERVIEW & TRENDS - RECRUITMENT TRENDS14%Management issues12%Move outside the profession30%29%Work/life balanceFurther experience18%Overseas opportunities8%6%5%People you work withEmployer reputationBenefitsNote: Multiple choices permitted.If no, what are the main reasons you will stay with your current employer?55%Work/life balance40%38%38%Career opportunitiesGain further experiencePeople you work with8%23%20%Employer reputationSalaryNote: Multiple choices permitted.8 New Zealand Law Society & Hays Legal Salary Guide 2015Benefits
Does your employer offer flexible salary packaging/fringe benefits?61% 39%YESNOIf yes, what typical benefits are offered?52%49%14%Bonus scheme29%Social club26%Laptop/tablet26%Free/discounted legal workPrivate health insuranceGym/gym membershipDay off for birthdayOther10%6%Parking29%24%16%Flexible work hoursSalary sacrifice2% CarNote: Multiple choices permitted.New Zealand Law Society & Hays Legal Salary Guide 2015 9MARKET OVERVIEW & TRENDS - salarybenefitsincreases33%Mobile phone
Has your employer increased employee numbers over the last 12 months?52%48%NoYesDo you expect the number of lawyers employed by your organisation to grow in 2015?37%63%YesNoMARKET OVERVIEW & TRENDS - staffingAre you considering moving overseas to work in the next 12 months?13% 87%YESNOIf yes, te: Multiple choices permitted.10 New Zealand Law Society & Hays Legal Salary Guide 2015Hong Kong9%7%SingaporeDubai
section two:Salary information
Using our salary tablesThe bold number represents the typical salary. The number(s) underneath represent the salary range. Allsalaries are represented in NZ dollars. “NA” indicates that there was not sufficient data to provide anindicative figure. “PQE” refers to post-qualifying experience and shows the number of years a lawyer hasbeen employed after admission as a barrister and solicitor.LocationAll NZ0 - 1 PQE49,00035,000 - 68,000Typical salarySalary rangeprivate practiceLarge law firm (Greater than 20 Solicitors)LocationAll New ZealandAucklandChristchurchSALARY INFORMATION - PRIVATE PRACTICE, LARGE/MEDIUM FIRMWellingtonHamilton, Tauranga & other North IslandDunedin and other South IslandLocationAll New ZealandAucklandChristchurchWellingtonHamilton, Tauranga & other North IslandDunedin and other South Island0-1 Year PQE2 Years PQE3 Years PQE4 Years PQE5 Years PQE49,00035,000 - 68,00051,00041,000 - 68,00045,00038,000 - 59,00052,00041,000 - 65,00041,00040,000 - 45,00040,00035,000 - 43,00062,00042,000 - 92,00064,00050,000 - 92,00055,00042,000 - 67,00066,00052,000 - 86,00047,00042,000 - 5500050,00045,000 - 55,00075,00050,000 - 116,00078,00055,000 - 116,00069,00050,000 - 93,00082,00062,000 - 105,00060,00055,000 - 72,00059,00053,000 - 63,00080,00060,000 - 120,00080,00068,000 - 120,00070,00060,000 - 75,00086,00060,000 - 110,00077,00068,000 - 95,00068,00067,000 - 70,00087,00067,000 - 121,00095,00069,000 - 120,00083,00075,000 - 95,00098,00080,000 - 121,00084,00067000 - 9500076,00070,000 - 93,0006 Years PQE7 Years PQE8 Years PQE9 Years PQE10 Years PQE101,00065,000 - 130,000101,00065,000 - 125,00087,00085,000 - 95,000113,00090,000 - 130,00091,00087,000 - 95,00077,00070,000 - 125,00012 New Zealand Law Society & Hays Legal Salary Guide 2015115,000117,000121,000144,00087,000 - 146,000 85,000 - 175,000 90,000 - 190,000 65,000 - 250,000 118,000126,000128,000141,000101,000 - 146,000 85,000 - 175,000 100,000 - 145,000 65,000 - 250,000 90,000100,000113,000127,00087,000 - 95,000 91,000 - 123,000 95,000 - 127,000 80,000 - 163,000123,000147,000167,000N/A87,000 - 160,00090,000 - 190,000 103,000 - 250,000 98,00097,000115,000N/A90,000 - 120,00090,000 - 100,000 97,000 - 175,00091,000N/AN/AN/A89,000 - 92,000
private practiceMedium law firm (5 - 20 Solicitors)LocationAll New ZealandAucklandChristchurchWellingtonHamilton, Tauranga & other North IslandDunedin and other South IslandLocationAll New ZealandAucklandChristchurchWellingtonHamilton, Tauranga & other North IslandDunedin and other South Island0-1 Year PQE2 Years PQE3 Years PQE44,00035,000 - 62,00046,00035,000 - 61,00042,00035,000 - 60,00043,00040,000 - 48,00044,00037,000 - 62,00042,00036,000 - 51,00053,00035,000 - 85,00061,00040,000 - 85,00050,00038,000 - 62,00051,00038,000 - 62,00049,00035,000 - 91,00049,00043,000 - 60,00065,00042,000 - 110,00072,00042,000 - 110,00059,00048,000 - 66,00066,00052,000 - 70,00060,00045,000 - 100,0005700046,000 - 65,0006 Years PQE7 Years PQE8 Years PQE80,00050,000 - 130,00092,00065,000 - 125,00085,00058,000 - 90,00092,00080,000 - 130,00074,00055,000 - 95,00067,00050,000 - 80,00088,00090,00060,000 - 131,000 75,000 - 108,00095,00096,00065,000 - 125,000 80,000 - 107,00087,000N/A67,000 - 100,000108,000N/A60,000 - 131,00080,00090,00060,000 - 80,000 72,000 - 107,0004 Years PQE5 Years PQE71,00076,00050,000 - 125,000 45,000 - 125,00073,00085,00050,000 - 115,000 65,000 - 125,00076,000N/A68,000 - 96,00070,00079,00064,000 - 80,000 60,000 - 100,00065,00072,00055,000 - 125,000 60,000 - 120,00058,00066,00050,000 - 90,000 45,000 - 70,0009 Years PQE10 Years PQE99,000102,00064,000 - 150,000 62,000 - 250,000 116,000120,00086,000 - 150,000 70,000 - 250,000 86,00089,00064,000 - 95,000 67,000 - 120,000108,000110,00078,000 - 109,000 83,000 - 151,00090,00094,00071,000 - 117,000 62,000 - 160,00080,00083,00091,00075,000 - 108,000 65,000 - 95,000 62,000 - 100,000N/Aprivate practiceLocationAll New ZealandAucklandChristchurchWellingtonHamilton, Tauranga & other North IslandDunedin and other South IslandLocationAll New ZealandAucklandChristchurchWellingtonHamilton, Tauranga & other North IslandDunedin and other South Island0-1 Year PQE2 Years PQE3 Years PQE4 Years PQE5 Years PQE42,00030,000 - 50,00041,00030,000 - 50,00041,00035,000 - 46,00046,00037,000 - 50,00038,00032,000 - 49,00052,00033,000 - 65,00053,00046,000 - 60,00052,00039,000 - 65,00050,00050,000 - 52,00047,00040,000 - 60,00053,00035,000 - 95,00059,00040,000 - 95,00053,00050,000 - 58,00051,00040,000 - 53,00052,00035,000 - 60,00059,00037,000 - 83,00066,00042,000 - 83,00055,00037,000 - 80,00065,00060,000 - 80,00056,00041,000 - 80,00071,00049,000 - 120,00079,00065,000 - 120,00065,00055,000 - 100,00068,00055,000 - 85,00064,00055,000 - 85,00043,00044,00048,00055,00058,00040,000 - 47,000 33,000 - 60,000 40,000 - 70,000 52,000 - 65,000 49,000 - 60,0006 Years PQE7 Years PQE8 Years PQE75,00072,00046,000 - 90,000 50,000 - 90,00082,000N/A68,000 - 90,00075,000N/A60,000 - 75,00070,000N/A60,000 - 75,00065,00070,00046,000 - 87,000 50,000 - 87,000N/AN/AN/AN/AN/AN/AN/AN/A9 Years PQE10 Years PQE83,00083,00070,000 - 95,000 50,000 - 180,00090,000N/A50,000 - 180,00078,000N/A60,000 - 100,00083,000N/A50,000 - 93,00093,00094,00090,000 - 95,000 52,000 - 125,00080,00080,00070,000 - 90,0000 50,000 - 86,000New Zealand Law Society & Hays Legal Salary Guide 2015 13SALARY INFORMATION - PRIVATE PRACTICESmall law firm (Less than 5 Solicitors)
in houseCorporateLocation0-1 Year PQE2 Years PQE3 Years PQE4 Years PQE5 Years PQEAll New Zealand56,00042,000 - 72,000Auckland57,00063,00069,00085,00091,00042,000 - 65,000 48,000 - 75,000 48,000 - 100,000 62,000 - 118,000 75,000 - 149,000ChristchurchWellingtonOtherLocationAll New ,00081,00088,00047,000 - 75,000 48,000 - 108,000 58,000 - 118,000 49,000 - 149,000N/A58,00047,000 - 72,00059,00047,000 - 67,00049,00045,000 - 52,000N/A74,00052,000 - 108,000N/A82,00055,000 - 104,0006 Years PQE7 Years PQE8 Years PQE9 Years PQE10 Years PQE94,00055,000 - 160,00095,00077,000 - 130,00087,00074,000 - 160,00088,00055,000 - 114,00086,00055,000 - 135,000N/AN/A75,00049,000 - 83,000N/A72,00077,00088,00061,000 - 98,000 58,000 - 105,000 65,000 - 110,000105,000113,00060,000 - 190,000 58,000 - 195,000110,000121,00060,000 - 140,000 66,000 - 195,000116,000N/A95,000 - 145,000108,000111,00079,000 - 190,000 58,000 - 158,00096,000103,00087,000 - 116,000 73,000 - 125,000120,000145,00065,000 - 200,000 53,000 - 250,000125,000163,00065,000 - 200,000 58,000 - 250,000 120,000128,00091,000 - 140,000 55,000 - 209,000118,000139,00086,000 - 175,000 53,000 - 250,000 103,000113,00080,000 - 140,000 60,000 - 200,000in houseGovernment & Public Defence ServiceLocationAll locationsLocationSALARY INFORMATION - inhouseAll locations0-1 Year PQE2 Years PQE3 Years PQE4 Years PQE5 Years PQE43,00047,00065,00067,00067,00040,000 - 50,000 40,000 - 57,000 45,000 - 93,000 48,000 - 110,000 50,000 - 86,0006 Years PQE7 Years PQE8 Years PQE9 Years PQE10 Years PQE69,00081,00089,000130,000132,00058,000 - 86,000 80,000 - 100,000 84,000 - 93,000 89,000 - 155,000 61,000 - 250,000 14 New Zealand Law Society & Hays Legal Salary Guide 2015
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Disclaimer: New Zealand Law Society/Hays Legal Salary Guide is representative of a value added service to our clients and candidates. Salary data has been collected from . The survey was completed by over 1,900 members of the society which was an excellent response. It was conducted in early 2015, and in the time since the New Zealand economy .
