Home » Large Law » SlideShare Friday: The 2016 Outlook for the Legal Profession

SlideShare Friday: The 2016 Outlook for the Legal Profession

The 2016 Outlook for the Legal Profession

In just about two weeks, we’ll be headed into the fourth and final quarter of 2016.  Strategic planning for the next year, if it hasn’t already started, is likely to begin in earnest.

Robert Half Legal recently published survey data on the outlook for 2016, which looked at both demand and compensation expectations.  The presentation is embedded below and it’s this week’s Friday Share.

According to the presentation:

  • Skilled talent shortage. 64% of lawyers polled said finding skilled legal professionals is a challenge.
  • Practice areas of opportunity. The top practice areas likely to  generate the most jobs in the next 24 months include:
    • Litigation: 33%
    • General business/commercial law: 26%
    • Healthcare: 7%
    • Real estate: 6%
    • Intellectual property: 6%
  • Starting salaries are expected to rise 3.1% on average. A seasoned attorney with 10 or more years in a mid-sized law firm will likely find a 4.7% increase. A veteran paralegal or legal assistant with 7 or more years – in a small or mid-sized law firm – will see an increase of 4%.

Also see these suggested posts:
4 Takeaways from the InsideLegal and ILTA Purchasing Survey
Core Concepts in Measuring Law Firm Client Profitability
Audit of 50 Law Firms Finds New CRM Best Practices

The full presentation also breaks down the fastest growing practice areas by geography (US only) and legal professional positions in demand, including contract attorneys. The organization also offers a 2016 salary guide and salary calculator, both of which can be downloaded or access without registration.


If you enjoyed this post, you might also like:
Great Legal Links: The Top 10 of 66 Business of Law Blog Posts

Photo credit: Flickr, Jeramey Jannene, Binoculars at The Top of the Rock (CC BY 2.0)

Facebook Twitter Pinterest Plusone Linkedin Digg Delicious Reddit Stumbleupon Tumblr Posterous Email Snailmail

About Frank Strong

Frank Strong
Frank Strong is the communications director for the LexisNexis software division located on NC State’s Centennial Campus in Raleigh. In this capacity, he leads communications efforts in support of software products for law practice and law department management and also litigation tools – across large law, small law and corporate counsel segments. With more than 15 years of experience in the high-tech sector, Strong previously served as director of public relations for Vocus, which developed marketing, PR and media monitoring software. He has held multiple roles both in-house with corporations, ranging from startups to global organizations, and has also endured the rigors of billable hours, having completed gigs at PR firms including the top 10 global firm Hill & Knowlton. A veteran of two year-long deployments, Strong has concurrently served in uniform in reserve components of the military for more than 20 years, initially as an enlisted Marine and later as an infantry officer in the Army National Guard. Strong holds a BA in Film and TV production from Worcester State University, an M.A. in Public Communication from American University, and an M.B.A. from Marymount University. He is a PADI-certified Master Scuba Diver and holds a USPA "B" skydiving license.