Legal services employment in London has dipped in recent months, but remains substantially higher than at the post-financial crisis low point of 2010.
A survey by lobby group TheCityUK reports a 1.2% half-year decline – to 105,500 people in the first six months of 2014, compared with 106,800 at the end of last year.
However, the figure is up nearly 10,000 on the post-crisis low of 95,600 reported in 2010, and is forecast to rise to 106,600 by the end of 2014.
Overall, 703,900 people were employed in financial and related professional services in the City, compared with 692,600 six months earlier.
Insurance and banking suffered an employment decline of 0.4%. In accounting and management consultancy, by contrast, employment climbed 5%.
The results come after an annual PwC survey published yesterday found 80% of firms increased revenue in 2013/14 – with more than two-thirds of them achieving rises above inflation.
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