Navigating the job market for in-house legal talent has been saved
Analysis
Navigating the job market for in-house legal talent
Demand for lawyers and other insights from recruiters
Today’s job market has many lawyers weighing their opportunities. What should they know before making the leap? Here’s what we heard from four executive recruiters who are on the front lines of demand for legal talent.
Riding a hiring wave
What is happening in the current environment? And what lessons should current and aspiring chief legal officers (CLOs) take away about the changing nature of the legal profession? To find out, we sat down with four executive recruiters who specialize in CLO hiring: Jaime Massar of Korn Ferry, Debbie Tang of Bridge Partners, and Bob Barker and Max Gelernter of BarkerGilmore.
Here’s a summary of what they told us. For the complete interview, please download the PDF on this page.
Navigating the changing market for in-house legal talent
The changing job market
More in-house lawyers seem to be going to law firms. One reason might be rising work load and stress levels among in-house legal departments. Other reasons may include additional compensation, law firms’ shift to a more hybrid-friendly work environment, and a desire to do something different with one’s career.
Skills in demand
Privacy and data security knowledge is in demand, especially when it comes to navigating the patchwork of rules at the state level. Government relations skills are sought after as well, even for companies in industries that aren’t heavily regulated. And communication skills are playing a bigger role, both internally and in the public arena.
Managing the in-house legal career trajectory
Candidates on the brink of their first CLO job should look for opportunities that put them in front of the company’s board of directors; they should develop an informed business perspective; and they should understand the organization’s culture. Those early in their legal careers can prepare for a CLO career by deciding what kind of company they want to work for and building a track record as a business partner.
End notes
1 Deloitte, A tale of trust and transformation: Highlights from the 2022 CLO and CCO strategy survey, June 2022.
2 Ibid.
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Lori Lorenzo
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Insights for legal professionals
2022 CLO and CCO strategy survey results
A tale of trust and transformation for legal and compliance
