It’s been years since the global health crisis turned our world upside down. So far, it has affected our economies, changed the way we work, and upended so many day-to-day activities we used to do as naturally social beings. But so far, we see brighter days ahead.
The economy is recovering, we’ve adopted a hybrid-learning setup, and the pandemic might have transformed the job market into an even more competitive arena. But unlike in the pre-COVID days when the candidates were doing most of the competing, it’s now the companies and firms aggressively hiring to fill in multiple vacancies.
For an already cutthroat industry, how are law firms faring in the era of the Great Resignation and Reshuffle? Is there a demand for their services? Are they able to acquire top-quality associates without the help of a legal search firm?
Interestingly, there is a very high demand for legal services in the new normal. So much that the wealthiest and most prominent law firms made a record-high for most hired partners in the middle of the pandemic.
First, it proves that the legal industry is as robust as ever, with the ensuing battle for the highest compensation that a lateral associate can get if they accept the offer of a rival firm.
Second, in the hiring aspect of things, it also means that something shifted somewhere in the rigorous screening process. With the growing client demands, law firms are looking to hire high-quality associates to fill in more seats at the least possible time. But sometimes, speed often compromises quality, especially if the one conducting is not adept, trained, and an expert in accelerating a process so important such as hiring. So, should you reach out to a legal search firm to help you out? How would hiring one help you, exactly?
One may think that since the market is rich with prospects considering a shift, it would be easier and relatively faster if the firm did all the hiring matters themselves. But, in truth, it’s quite the opposite.
Can your staff or department manage to scout for candidates, outperform other firms in terms of compensation, screen multiple prospects, schedule a series of interviews in record time on top of all the duties and responsibilities outside recruitment? Do you have the resources to expand your search and pipeline?
Most often than not, all these tasks will take up so much effort and precious time away from everyone within the firm. After all, you need to keep meeting deadlines and pursuing new goals. In an ideal scenario, all you’d want to do is onboard a new hire, not postpone tasks to search for one. And this is where legal search firms come in they take care of the nitty-gritty for you.
During the pandemic, legal services soared in demand, making hiring even fiercer for the industry. By letting expert legal search firms look, screen, and recommend candidates for you, you free up your company and employees to take care of duties and responsibilities that will ensure you maximize this lucrative opportunity.
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