Legal professionals have seen difficult times over the past 4 years. At the end of 2012, hiring demand for legal jobs declined sharply. However, the number of jobs for paralegals, lawyers, and other occupations has been strong so far this year. Today, we wanted to take a particular look at in-house and corporate counsel jobs. Is it a good time to be entering the legal field as a corporate lawyer? In July, there were about 17,800 jobs available for in-house legal jobs. Overall, there was a 36% year-over-year increase in hiring demand for in-house counsel compared to July of 2012.
Hiring Demand for In-House Legal Professionals
About 12,500 were for Lawyers and approximately 5,000 were for Paralegals. The remaining jobs were for clerks, title examiners, and other legal support positions. The most commonly advertised job titles are:
- Corporate Attorney
- Corporate Paralegal
- Corporae Counsel
- Litigation Attorney
- Associate Counsel
- Legal Assistant
- Litigation Paralegal
There is a high volume of job ads for corporate legal professionals, meaning there s high demand. You might think this means it would be easy for someone to find a job in this field. However, our Hiring Scale shows that these jobs are likely to be hard to job seekers to get. Our candidate supply data estimates there is a large talent pool of people in the US workforce, meaning you will likely see high competition from other applicants. However, the best location for job seekers to find a position is San Francisco.
Hiring Scale for In-House Legal Jobs
On the other hand, if you are a Recruiter sourcing for a job in this area, you are likely to see favorable conditions. The Hiring Scale, which ranges from 1 to 99 with 1 being the least difficult-to-fill situation, scores these jobs as a 20. Despite the growing demand by other employers, the US talent pool consists of about 333,000 corporate and in-house legal professionals, which is enough to support hiring.
If you're recruiting for a corporate legal professional or if you are a legal professional looking for an in-house job, here's a free Talent Sourcing Report for current market conditions. Need more recruiting information? Sign up for a free trial of WANTED Analytics today!
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