LAW360 reports that the Legal Sector Job Number are Rebounding
According to LAW360, the legal job market is improving and has almost reached pre-pandemic levels, based on the most recent jobs report from the Bureau of Labor Statistics.
As reported by Aebra Coe, "The number of seasonally adjusted jobs in the sector rose to 1,138,500 in May, preliminary data from the federal agency shows, a 0.15% improvement over the previous month that brings the industry within 5,000 jobs of a high water mark it reached two years ago in May 2019 before plummeting last spring amid the coronavirus pandemic.
Looking back at the last three years as of May, legal jobs fluctuated from 1,143,000 to 1,095,000 and now back to 1,139,000.
The hiring spree comes as U.S. law firms choose where to direct the big profits they pulled in last year, with many reaping the benefits of a remote workplace and other budget cuts that were implemented early on in the pandemic alongside modest increases in revenue."
Read more at: https://www.law360.com/articles/1380750/legal-sector-gains-more-jobs-nears-pre-pandemic-levels?read_full=1?copied=1