A new survey, Networks for Counsel, conducted in 2008 reveals that almost 50 percent of attorneys are members of online social networks and over 40 percent of attorneys believe professional networking has the potential to change the business and practice of law over the next five years. However, less than ten percent say they can rely on their current network to help them work more efficiently and cost effectively. The survey of 673 attorneys also reveals a high degree of interest – more than 40 percent – among lawyers in joining an online professional network designed specifically for their profession.
The 2008 Networks for Counsel Survey was administered to 224 private practice attorneys and 449 corporate counsel on an international basis, with 22 countries represented. Company size ranged from 100 to 10,000+ staff, and the age and responsibility of the respondents were well distributed. The findings and press release are available online at www.leadernetworks.com and http://www.networksforcounsel.com