Survey suggests fewer bonuses but more hiring in law amid pandemic - Business Insider

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Two-thirds of law firms and in-house legal departments are considering not extending bonuses to employees this year. A new survey reveals how they're rethinking hiring and pay.

Demand for IT is expected to be big among the legal industry due to remote work and the increased pressure to digitize.A new survey on compensation and workforce trends, released by the Adecco Group on Tuesday, found that 71% of 200 law firms and in-house legal departments plan to backfill roles that were eliminated during the pandemic.

Additionally, it found that 71% of 200 respondents from law firms and in-house legal departments plan to backfill roles that were eliminated during the pandemic. "Information is the premium right now," said Gable. "Everyone is interested in what their competitors are doing." Nearly 40% of law firms said that they expect their IT departments to expand, underscoring how companies are looking to bolster their technologies with the necessity of remote work and the acceleration toward digitization.

 

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