Sunday, December 10, 2017

Annual survey of Penn law firm leaders shows 100% expect to add lawyers and no lay-offs

There's some very positive attorney job market news coming out of the PaLaw Magazine's 22nd Annual Managing Partner's Survey which found that 100% of respondents expect to grow their law firm head counts in 2018. Fully 23% expect to grow their attorney ranks by more than 10% while the remaining 77% expect growth will be 10% or less in the coming year. That's a far cry from just a few years ago and represents more optimism than manager partners expressed in 2015 when only 77% expected to see growth in the coming year and 2016 when 88% anticipated expanding the number of lawyers they employ.  

Perhaps just as significantly, none of the Pennsylvania firm leaders who responded to the annual survey expect to be laying-off lawyers in 2018 whereas 12% of managing partners expected lay-offs in the coming year at this time last year.

You can read the full report at the Legal Intelligencer blog here


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