Report: Legal Services Industry Sees Job Growth - Articles

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Posted by: Azya Thornton on Oct 11, 2024

According to a data report released Friday by the U.S. Labor Department, the legal services industry added 1,600 jobs in September, reversing a decline that began in April. Lawyer Monthly reports there has been "robust" demand for legal professionals in the U.S. from both corporations and large law firms over the past four months. The department's statistics include lawyers, paralegals and assistants working for law firms, corporations and other organizations. In the first half of 2024, U.S. law firms reported strong financial performance, with average revenue up 11.4% compared to the same period a year earlier. Demand for transactional practices is increasing after nearly three years of lackluster performance, the article reports.