U.S. Legal Jobs Soar to New Heights: Boo…

Tech-Savvy Lawyers in Demand: With technology permeating every aspect of society, legal professionals with strong tech skills will be highly sought after.Specialized Expertise Takes Center Stage: Niche areas like intellectual property, healthcare law, and environmental law are expected to see continued growth, offering promising career paths for specialized lawyers.

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What Practices Are Driving Law Firms’ ‘Remarkable’ Performance …

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44 minutes ago · More than half (54%) of responding firms reported demand growth in transactional tax work in 2024 compared with 2023, the ALM survey found. Other transactional …

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What trends will impact the legal workplace in 2024?

Courtesy photo Combining insights from macro-trends in organizations worldwide with critical shifts within the legal industry, five prevailing trends promise to impact the legal workplace in 2024. Talent is the single most valued asset within a law firm. And, the role and influence of talent in law firms is on the rise. ...

What will the legal job market look like in 2024?

2024 Outlook: A Promising Landscape Looking ahead, experts predict the legal job market to remain robust in 2024: Tech-Savvy Lawyers in Demand: With technology permeating every aspect of society, legal professionals with strong tech skills will be highly sought after. ...

How big is the legal technology market in 2026?

The global legal technology market, projected to exceed $37 billion by 2026, is a clear indicator of this growth. Law firms are leveraging AI for more sophisticated applications, including predictive analytics, legal research, and case strategy development. ...

How are law firms achieving success in 2023?

While the legal market strengthened in 2023 with demand, rates, productivity, and expenses improving, the report notes that how law firms are achieving success is shifting. The report calls this a “sorting out” process, where firms are testing different strategies and levels of action. ...

How much does demand for legal services grow in 2024?

ProductivityLawyer Headcount (FTEs)Source: Thomson Reuters 2024DemandDemand for legal services1 grew by an average of 1.1% across the ndustry.2 However, the distribution of demand growth is somewhat Am Law Second Hundred0.6%Midsize2.4%Source: Thomson Reuters 2024For the ...

What does the 2024 report tell us about the legal market?

Here are some important insights from the 2024 Report on the State of the Legal Market. Law firm leaders must face a set of irrefutable facts. The legal market has been fundamentally altered over the past 15 years and there’s no going back. Ever-accelerating change, increasingly driven by generative artificial intelligence, is the new status quo. ...