Source: Thomson Reuters
The post-COVID hiring frenzy at US law firms may have leveled off, but it’s still a competitive market for legal talent. Top US law firms are announcing associate salary increases. Midsize and smaller firms are hiring even more than the larger firms as they look to meet demand from corporate clients moving down market, according to the 2024 State of the Legal Market report from the Thomson Reuters Institute.
But raising salaries isn’t the only – or even the best – way to attract and retain top talent. Implementing modern technology like generative artificial intelligence (AI) helps firms improve productivity, aid in professional success, and create outcomes and a work environment that impresses colleagues and clients.
It turns out that law firms are looking for more or different than they did in the past as well. According to a Robert Half report, there is increased demand for specialized skill sets. “Small-to-midsize law firms seek skilled legal candidates with three to seven years of experience,” writes Jamy J. Sullivan, J.D.
Read full article: https://legal.thomsonreuters.com/blog/attract-and-retain-top-talent-with-ai-assisted-research/https://legal.thomsonreuters.com/blog/attract-and-retain-top-talent-with-ai-assisted-research/
