By Julie Chapman | LexisNexis Head of Legal, North America The acceleration in the adoption of new artificial intelligence (AI) tools in the legal industry has many lawyers anxious about how this technology...
The adoption of generative artificial intelligence (Gen AI) tools in the corporate legal sector continues to accelerate. Nearly half (49%) of in-house counsel expect Gen AI tools to yield cost savings...
In-house counsel have the sobering responsibility of protecting their organizations from evolving cybersecurity and data privacy threats at a time when there is a dramatic increase in the sophistication...
The trend of pet-friendly workplaces has seen a significant rise in recent years, with many companies recognizing potential benefits for employee morale and recruitment. A 2024 study found that 82% of...
By Madison Johnson | LexisNexis 2024 was the year of experiments and pilots with legal tech. As we look ahead, 2025 is shaping up to be the year where use cases are actioned and AI goes mainstream. To...
The impact of the COVID-19 pandemic and the resulting economic downturn on law firm hiring is on the minds of many. While no Big Law firm has yet canceled its first-year class, many are pushing back start dates until 2021, or until after the postponed bar exams. While this presents an issue for first-year associates (essentially putting them on pause), it also creates opportunity.
Opportunity for who? For the incoming first-year associate that is willing to think a bit more creatively about career prospects, and for law firms of the small and midsize variety.
Although the traditional Big Law hiring loop has been disrupted, career opportunities (some outstanding ones at that) may still be available for attorneys at smaller firms less impacted by the evaporation of high-profile corporate work. Likewise, the pause in Big Law hiring creates opportunities for these firms to market themselves in a way that might turn the heads of talented new attorneys that might not typically be on their radars.
Here are four ways that small and midsize law firms can take advantage of the uncertainty of the 2020 hiring market.
Of course, many would-be associates who come across this messaging won’t be tempted and might prefer to simply wait on Big Law to come through. But with the right approach, you may just catch the eye of your next rainmaker.