Exploring Earning Potential in Legal Recruitment Agencies in London

As an IT recruiter with nine years of experience based in London, I’ve been reflecting on the earning potential within legal recruitment. Recently, I came across a LinkedIn post from a recruiter-to-recruiter (R2R) professional discussing a client who specializes in hiring “private practice” lawyers in the London market, particularly in finance and banking law. The post claimed that a top biller at this firm had generated an astonishing £10 million in billings in just one year.

Honestly, I find that hard to believe. Billing £10 million translates to approximately £833,000 per month, which seems implausibly high compared to the typical earnings in the recruitment industry. While I understand that senior lawyers in London, especially at American firms, command impressive salaries, I can’t help but think this figure might be an error. After all, many privately owned recruitment agencies with over 30 staff members don’t even reach that level of total billings in a year.