With 2024 on the horizon, legal industry analysts and numerous general counsels are anticipating a spirited upswing in in-house hiring, even in the face of fiscal stressors confronting corporate counsel. The landscape of the employment market in this sector points towards an increasing demand for specialized attorney roles within corporate legal departments. These specialized positions include those that focus on data privacy, legal operations and artificial intelligence.
Andrew Woods, the general counsel of Pubmatic, asserts the competitive nature of privacy roles within the market, highlighting the scarcity of experienced lawyers for these roles. He said, “There’s just not enough lawyers to do those jobs who have any sort of relevant experience.” This statement illuminates the burgeoning demand for suitable candidates in these burgeoning legal fields within the corporate sphere.
In summary, the landscape of in-house hiring within the legal industry continues to evolve. Current projections indicate not only a boom in hiring for 2024, but also a significant focus on specialized roles demand proficient skills and experience in specific domains like artificial intelligence, legal operations, and data privacy.