Legal Job Market Report - Monster.com
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Legal Job Market Report - Monster.com

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The Legal Job Candidate Report offers a concise view of the Legal job market. This study highlights current employment trends and candidate activity across the United States and focuses on Legal ...

The Legal Job Candidate Report offers a concise view of the Legal job market. This study highlights current employment trends and candidate activity across the United States and focuses on Legal professionals and recruiters looking to hire Legal talent.

This report provides:

An overall look at Legal market conditions and employment forecasts
A look at demographics and locations of Legal talent across the United States

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Legal Job Market Report - Monster.com Legal Job Market Report - Monster.com Document Transcript

  • SNAPSHOT:LEGAL U.S. Job CandidatesBrought to you by Monster IntelligenceOctober 2011
  • Legal | Market Conditions Legal Employment Trends LEGAL FOOTPRINT: More than 176,300 Legal job seekers MONSTER EMPLOYMENT INDEX have public resumes for employers to (Source: Monster Employment Index (MEI): http://www.about-monster.com/employment/index/15) view on Monster Index YoY Change Paralegals/Legal Secretary 47%160 30% Attorney 14%150 25% Contracts Admin. 12%140 20% Regulatory/Compliance Law 8%130 15%120 10% Other Legal Related 19%110 5%100 0% EVERY MONTH in the U.S.: 90 -5% (Source: Monster Internal Data, 12-month average, 80 -10% Sept ‘10 – Aug ‘11) J-11 J-11 J-11 O-10 N-10 D-10 S-11 S-10 A-11 A-11 F-11 M-11 M-11 Candidates viewed Legal jobs 1.0 million times on Monster.com The Legal Monster Employment Index, which tracks U.S. online recruitment activity, had a Candidates responded to Legal jobs weak start to 2011 which returned to positive 114,700 times on Monster.com growth in March. 6,800 new Legal resumes are added Legal Employment Forecasts to Monster.com (Source: Bureau of Labor Statistics: Occupational Outlook Handbook, 2010-2011; Occupation Employment, May 2010) Top Keywords/Titles Searched The Legal occupation is forecasted to grow by 15% from 2008-2018, adding 188,400 1. Legal 6. Paralegal/Legal Assistant new jobs. 2. Legal Assistant 7. Law Clerk Lawyers account for a majority of the Legal 3. Legal Secretary 8. Corporate Law profession. Employment is expected to grow 4. Law 9. Legal Standards by 13% to 857,700 over the 2008-18 decade as the occupation adds 98,500 new roles to 5. Law Firm 10. Legal Research serve the continued growth of legal activity. Employment of paralegals is forecasted to rise a strong 28% to 337,900. The significant Top Skills and Certificates growth is due to the widening role of these 1. Microsoft Products 6. Legal Research workers, as they are assigned tasks once 2. Westlaw 7. Lotus Notes completed by lawyers. 3. WordPerfect 8. Lexis [Nexis] Two other minor Legal roles include Judges (4% rise to 53,100) and Court Reporters (18% 4. Customer Service 9. Dictaphone growth to 25,400). 5. Bilingual – Spanish 10. Timeslips Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form by any means, electronic, 2 mechanical, photocopying, recording or otherwise without the prior written permission of Monster, Inc.
  • Legal | Seeker Demographics Education Level Career Level Cert/Voc High Training Student Exec. School 4% Post 8% 5% 7% Grad 25% Manager Entry- 21% Level 17%2 YearDegree/ SomeCollege 4 Year Mid- 31% Degree Career 33% 49% Experience Level Monster’s Legal Candidates… 15+ Years 20% • 58% have a Bachelor’s 10+ to 15 Years 14% Degree or higher 7+ to 10 Years 12% • 49% are Mid-Career 5+ to 7 Years 13% • 46% have 7 or more 2+ to 5 Years 22% years of experience 1+ to 2 Years 10% • Expect to earn a median of $55,000 per year Less than 1 year 9%Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any means, electronic, 3mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Inc. View slide
  • Legal | Geography The highest volume of Legal resumes are found in California, New York, Texas, and Florida. Reviewing the available talent on Monster per workforce volumes shows the states with the most active Legal resumes; these states include New Jersey, Massachusetts, Ohio, New Hampshire, Georgia and Texas. Opportunities to obtain Legal candidates may be less competitive in these areas. Highest Volume of Available Legal Resumes Top 10 US States Top 10 US Markets California 13% New York 14% New York 11% Los Angeles 7% Texas 9% Washington DC 5% Florida 8% Boston 4% New Jersey 5% Chicago 4% Pennsylvania 4% Philadelphia 4% Ohio 4% Dallas 4% Illinois 4% Atlanta 3% Massachusetts 4% Houston 3% Georgia 4% San Francisco 3%Copyright © 2011 by Monster, Inc. All rights reserved. No part of this publication may bereproduced, stored in a retrieval system or transmitted in any form by any means, electronic, 4mechanical, photocopying, recording or otherwise without the prior written permission ofMonster, Inc. View slide
  • Legal | Want to Learn More? Monster Intelligence offers a number of free reports and webinars that provide relevant insights into the vital issues organizations face today The information included in this snapshot is a fraction of the information Monster collects. Monster partners with thousands of companies around the globe that use Monster Intelligence data and insights to help with strategic HR decision-making from Talent Availability to Site Selection. Please see our Job Conditions Reports for a more in-depth look at: > Market Conditions: An analysis of the industry, recruiting trends, and hiring conditions > Hiring Talent: A look at talent, including their desired occupations; skills, career, education and experience level; national concentration; and current job search conditions > Supply and Demand Analysis: A comparison of talent supply and talent demand across numerous elements, helping recruiters to identify opportunity and challenge areas; analysis includes occupations, job/resume requirements, qualifications, and compensation To access a full line of research visit the Monster Resource Center at: http://hiring.monster.com/hr/hr-best-practices/market-intelligence.aspx To find out more about Monster Intelligence, contact your Monster Representative atMonster is the primary source of information for this report; 1-800-MONSTER ext. 6333 orit should only be interpreted as a definitive activity report onMonster and its subsidiaries. email: intelligence@monster.com 5
  • Monster, the premier global digital employment solution for more than a decade, inspires people to improve their lives. With a global presence, Monster works for everyone by connecting employers with quality job seekers at all levels and providing personalized career advice to consumers globally.Monster For more information visit www.monster.com or call your5 Clock Tower Place local Monster Representative.Suite 500 1-800-MONSTER (666-7837)Maynard, MA 01754