Let’s face it, a lot of people these days are concerned about their job security and outlook due to the pandemic and the economic crisis, regardless of industry. But, how do people in the Legal industry feel about it? You might be surprised.
A couple of weeks ago, LinkedIn published its inaugural Workforce Confidence Index, a snapshot of how professionals are feeling about their job, financial and career outlooks. And, what did it find? That people who work in public administration and the legal industry are feeling the most secure in their ability to hold or find a job right now. Yes, that’s right – people in the legal industry are more confident in their jobs than any other industry, with the exception of public administration (we know those jobs aren’t going anywhere). On the other end of the spectrum, people who work in the hard-hit recreation and travel industry are (not surprisingly) feeling least confident on those measures, along with those in design and media and communications. Here is the chart ranging from least confident to most confident industries:
This is based on a poll of 5,102 LinkedIn members, covering the week of April 1-7 and was published on April 13. It’s supposed to be updated bi-weekly, but I haven’t seen an update yet, so we’ll see. You can read this article for other findings, including how the confidence varies by generation, US region and senior leadership vs. rank and file.
Perhaps many in legal are expecting a big wave of litigation to arise as a result of the pandemic and economic crisis? We’ll see.
Hat tip to Gene Albert of Lexbe for the article reference. Thanks, Gene!
So, what do you think? Are you feeling as confident as the index above represents? Please share any comments you might have or if you’d like to know more about a particular topic.
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by my employer or my clients. eDiscovery Today is made available solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Today should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.
Interesting level of confidence among those in Legal.
Interesting level of confidence for those of us in Legal. Not sure I believe it is unfounded, but I also am not sure law firms are prepared for work from home. I wonder if this confidence is based on re-opening?
[…] How Do People in Legal Feel About Their Job Outlook? You Might Be Surprised: eDiscovery Trends – This post on May 4 showed that people in the legal industry are more confident in their jobs […]