The vote to leave the EU last week has obviously caused a lot of uncertainty in the markets, with the pound suffering (although recovering a little), no clear leadership in sight and a lot of general anxiety and unrest across the nation.
It’s not for us to state what’s right or wrong or try to predict what might happen in the future, but if you’re a candidate looking (or thinking about looking) for new marketing and business development roles in the professional services sector, here are our thoughts on the last week and how you might be affected:
The general (early) consensus seems to be that actually a significant number of professional services firms could be in even higher demand by their clients, providing advice on how to negotiate the months (and perhaps years) ahead. This is particularly the case for law and accountancy firms, many who had pre-planned for Friday’s result by providing 24 hour advice straight away afterwards.
For property and management consultancies it is less clear and the real estate sector especially could be more seriously affected (as investments go on hold) but it is too early to tell. What we can say is that the first week post- Brexit has been very much business as usual.
In fact, over the past 6 or 7 days we’ve seen an above average number of new roles registered with us across all types of professional partnership and all levels from Assistant to Director. Encouragingly some of these have been new clients to us with brand new positions. There don’t appear to have been any knee jerk reactions and we haven’t had any reports of existing roles suddenly going on hold. If anything, there are mutterings that firms might need to increase their marketing, BD teams and other non-fee earning teams.
So our message to anyone either actively on the market or thinking about looking for a new role is that: we know it’s early days but as we stand, nothing has changed and it remains a good and strong market for Professional Services marketers. Long may it continue!