According to a recent survey conducted by Special Counsel, law departments want more talent in-house. You can’t blame them – having more subject matter experts at the ready can help law departments respond to a company’s needs in a more timely and efficient manner. Other takeaways – only 13% of respondents cited compensation as a top reason for working at their current company with respondents citing flexible work arrangements and long-term growth opportunities as key factors (at 23% each). High internal demand is good news for those seeking in-house counsel jobs.
“Over 500 in-house counsel, including general counsels and chief legal officers, completed the survey questions on topics related to talent acquisition resources, legal budgets and national and local salary data, including an examination of diversity and gender gaps. Diving into the new year, in-house legal departments have a strong desire to bring more talent in-house. According to the survey findings, 65 percent of respondents said they would prefer to bring additional talent in-house instead of relying on outside counsel. Nearly one third of respondents (32 percent) would consider using contract attorneys during their continued search for an appropriate full-time hire.”
Download the full In-House Trends Survey Results at the Special Counsel website.