Stay current on changes and developments in corporate law with a wide variety of resources and tools.
By Yin Wilczek
June 29 — Almost three in 10 in-house and outside counsel plan to hire in the second half of this year, according to a new survey.
The Robert Half Legal survey—which polled 100 in-house attorneys and 100 attorneys at law firms—also stated that 64 percent of the respondents found it somewhat or very challenging to find skilled legal professionals.
“Competition for top talent is intensifying as law firms and corporate legal departments expand their teams to meet rising demand for legal services,” Robert Half Legal Executive Director Charles Volkert said in a release. “When evaluating job seekers for a position, employers must move quickly to avoid losing top candidates to another organization.”
Volkert added that to assess attorneys' potential for success within their firms, hiring managers are placing more weight on personal referrals and the prestige of former employers.
The survey findings are in line with prior reports in which consultants told Bloomberg BNA that in-house law departments are beefing up internal resources, relying less on outside attorneys and competing with law firms for the same small pool of talent.
In other highlights, the Robert Half Legal survey, released June 25, found that 58 percent of the respondents expect to fill only vacant positions. Only 1 percent of the respondents expect staff reductions in the next six months.
In addition, 39 percent of the respondents were concerned about losing attorneys to other job opportunities.
The survey further found that litigation is expected to yield the most job opportunities in the second half of the year, as cited by 39 percent of the respondents. Within the litigation umbrella, the respondents said the top drivers of job growth were:
• insurance defense;
• commercial litigation;
• employment; and
• securities and corporate governance.
To contact the reporter on this story: Yin Wilczek in Washington at email@example.com
To contact the editor responsible for this story: Ryan Tuck at firstname.lastname@example.org
All Bloomberg BNA treatises are available on standing order, which ensures you will always receive the most current edition of the book or supplement of the title you have ordered from Bloomberg BNA’s book division. As soon as a new supplement or edition is published (usually annually) for a title you’ve previously purchased and requested to be placed on standing order, we’ll ship it to you to review for 30 days without any obligation. During this period, you can either (a) honor the invoice and receive a 5% discount (in addition to any other discounts you may qualify for) off the then-current price of the update, plus shipping and handling or (b) return the book(s), in which case, your invoice will be cancelled upon receipt of the book(s). Call us for a prepaid UPS label for your return. It’s as simple and easy as that. Most importantly, standing orders mean you will never have to worry about the timeliness of the information you’re relying on. And, you may discontinue standing orders at any time by contacting us at 1.800.960.1220 or by sending an email to email@example.com.
Put me on standing order at a 5% discount off list price of all future updates, in addition to any other discounts I may quality for. (Returnable within 30 days.)
Notify me when updates are available (No standing order will be created).
This Bloomberg BNA report is available on standing order, which ensures you will all receive the latest edition. This report is updated annually and we will send you the latest edition once it has been published. By signing up for standing order you will never have to worry about the timeliness of the information you need. And, you may discontinue standing orders at any time by contacting us at 1.800.372.1033, option 5, or by sending us an email to firstname.lastname@example.org.
Put me on standing order
Notify me when new releases are available (no standing order will be created)