Compiling from source fail on Ubuntu Trusty

[redserpent7]

I am trying to compile and install from source on Ubuntu 14.04 but make gets interrupted with the following error:

/bin/grep: /usr/lib/x86_64-linux-gnu/libjpeg.la: No such file or directory
/bin/sed: can't read /usr/lib/x86_64-linux-gnu/libjpeg.la: No such file or directory
libtool: error: '/usr/lib/x86_64-linux-gnu/libjpeg.la' is not a valid libtool archive
make[1]: *** [MagickCore/libMagickCore-7.Q16HDRI.la] Error 1
make[1]: Leaving directory `/home/ubuntu/JImages/ImageMagick/imagemagick/ImageMagick-master'
make: *** [all] Error 2

I checked and I do not have libjpeg.la on my system and it seems that it no longer installs with libjpeg-ve

Is there another way around this?