The lawyer is always admirable occupation. In New Zealand the lawyer charge does not poor, in recent years, which has many Chinese lawyers. From the industry point of view, although these years of recession, the lawyer industry total earnings reached a new high, but from the individual, also unlike appearance management condition some firms seem bright.

First with a few figures to illustrate the local lawyers status:

* Legal practice certificate registration number11585A (cutoff2011Years4Monthly data);

* About91%New Zealand law firm1-3Partners;

* Exceed64%Lawyers working for the law firm;

* About11%Lawyers working for the company;

* Working in the government sector lawyers total6%;

* According to a recent2010Annual data, rising profitability per employee10%To7.68Million a year;

* In the2010Years, the average bill every lawyer opened for$303233Than the all-time high2009Years of309282Decreased, but the ratio2008Years of$292164High. (data source:NZ Law Society)

Last year, the New Zealand lawyers of the pre tax profit, the first breakthrough10Mark billion yuan a year.

But on the other hand, some sectors of the economy's long-term downturn, forcing lawyers internal structure adjustment -- so, as long as it is not good to make money when lawyers -- firm scope narrow, compared to more bad impact, they also by reducing the staff to cope with the crisis, others suspended in the season or temporary employment law graduatesSummer clerksTraditional -- but the lawyer industry for layoffs or structural adjustment internally, are reluctant to foreign say.

Not surprisingly, the interior modulation of economic structure in recent years, the legal profession the most severely hit, was originally rely on commercial real estate, company merger and purchase business law firm. Due to the recession, the highest price of lawyer service these customers, the traditional conventions charge by the hour is threatened.

In order to have a macro concept, we seek to Statistics New Zealand delegationTeam FactorsDo2010Annual data. In the last fiscal year, New Zealand law bill for total amount27.5Billion yuan, more than in the previous year26Billion yuan to improve5%; overhead, lawyers practise economy, the annual rise only2.7%.

Team FactorsHeadRon PolSome lawyers warned, by the impact of recession than others to. "(bad) impact is very uneven...... Some serious impact, some are still growing and expanding."

Among them, can provide various services nationwide, the law firm, to the early decline of basic immune, because a part of the business of atrophy, another part will be filled up; on the contrary, operating a single business feel cold.

If the rumor, a lawyer for closed, many ordinary people and not feel sad -- in the eyes of ordinary people they are rich.

2010New Zealand is average every lawyer's bill amounted to$303233,2007-2009Years of data respectively$277000,$294000And$309000.

Billing is just one aspect, the legal profession profit rate is much higher than other industries.

According to the2010Fiscal year data, every employee profitability higher than the previous year10%To$76800In New Zealand, while the industry average profit is only a single employee$27700.

A similar situation also partner. For example, in a350Employees and40A large law firm partner, a single employee6.98Wan Pingjun summary for profitability2700The total profit of million yuan, assigned to each partner$680550Of course, this is the average number of shares, the partner is different, so some income to millions.

Ron PolSaid, "cost cutting is a common practice in company to deal with the recession, but some firms may even reduce the number of partners."

A reluctance to disclose the names of Oakland lawyer said, "without shutting down the entire branch some law firms, but the downturn in the fields, such as commercial real estate branch, attrition more...... Imagine, if you all business is to rely on commercial real estate, so your customer base is gone."

This is because the former financial company is one of the legal profession's biggest customer, and the financial company and the commercial real estate business with very tight, now, the New Zealand remaining financial has can be counted on one's fingers.

Senior legal adviserJack HodderThink, those small law firms rely on legal services to small and medium enterprises ability to resist risks, significantly lower than the service Large Firm customer large law firms.

DLA Phillips FoxChairmanMartin WisemanAlso, large companies such as they do not have what problem, mainly because they focus on the need to continue to serve the customer, rather than economic climate related customers, because whether or real estate, M & a business, are very dependent on the economic climate. At presentDLA Phillips FoxIn the insurance business has more advantage.Martin WisemanSay, if itself is financial business or mergers and acquisitions business lawyer, this two years will not be easier.

He said, not a lawyer's Guild completely open financial difficulties they face, because lawyers tend to talk about their success.

But there is a data, is a lawyer and partner ratio, can be used as a lawyer for the profitability of the reference.Minter Ellison Rudd WattsPartnerMark WeeninkSaid, the real estate business branch in proportion to their larger companies, but their business is not too bad, because they received a lot of aspects of the real estate business bankruptcy. He said, the lawyer and the lawyer for a corporate partner in the proportion of4:1The company is small2:1,Minter Ellison Rudd WattsThe firm is the proportion of3.5:1

When the lawyer can still make a lot of money, but for new entrants into the law of the people, now the weather against them.

Ron PolSaid, people don't think all lawyers make money, earn a lot of money and other industry is always a minority. "Some lawyers have life style private school, luxurious, but like other industries, most lawyers are still have loans, have children, lived in a wooden fence around the house, and the other person a kind."

Lawyers this two vacancies, also affected the likeLaw StaffThis specialized recruiting legal position headhunting company.

The president of the companyJane TemelSaid, in her18Years working experience in this period of time is the longest recession, her clients if not operating a variety of business, have been affected.

She said, with a difficult business firms, the first firewall is not increased after the departure of employees, or did not add new employees, if not, will be cut, but most choose to quietly cut.

Fortunately, from2011The second half of the year, vacancy of law began to show signs of increase, this is the headhunterHays RecruitmentThe report's conclusion. "Although most recruitment behavior or for older employees leave gap, also have the firm started to set up in business, real estate, banks and financial branch business team." On the market, a senior lawyer of specific professional experience or not sorrow no big companies favor, especially insurance litigation experience lawyer, one of the most popular now belongs to the professional.