After reaching its pre-pandemic peak, the legal sector in the United States added more jobs

After reaching its pre-pandemic peak, the legal sector in the United States added more jobs ...

  • The legal industry added 1,800 new jobs last month
  • The job market for associates at large law firms has been unusually strong

According to the Labor Department's latest jobs report, the legal sector added 1,800 jobs in January, despite a slow rise in the rate of overall employment growth in the United States.

In January, the Bureau of Labor Statistics reported a preliminary 1,176,600 legal services sector jobs, up 3.5 percent year on year.

Since October, the number of legal employees has kept rising, leading to the total number of 1,165,300 jobs created in February 2020, before the epidemic was.

Last month, the greater labor market in the United States added 467,000 jobs, reaching 149,629,000, a year over year growth rate of 4.6%.

The legal profession's job count includes lawyers, paralegals, and other legal professionals, many of whom are in high demand as law firms - especially large corporations - pressure to keep up with the work of corporate clients.

"The demand for high-end legal services has never been higher, and the shortage of associates has never been reduced," according to John Cashman, president of Major, Lindsey & Africa, about the factors that contributed to the increase in legal employment.

Cashman said he expects lawyers to have a demand over the next six months as low as it's been for the past year and a half.

"There's no good reason that'll slow down when it comes to demand for services," he said.

According to Wells Fargo Private Bank, client demand for legal services increased by 6.7 percent on average among 130 large and regional law firms. That helped secure a lucrative year for most surveyed firms, with the average firm reporting an increase in revenue last year.

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Xiumei Dong discusses legal industry issues with a focus on industry strategy and growth, in-house counsel and the legal market in Washington, D.C.

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