As Law Firm Staffs Shrink and Specialize, Costs Actually Grow | The American Lawyer - The American Lawyer

What You Need to Know

• Firms are generally expected to increase their investment in business professionals going forward.
• The number of secretaries is decreasing at most firms, but the new roles they're creating require special expertise.
• In-demand roles include pricing specialists, business development professionals, and technology staff.

Even amid a pandemic that initially caused law firms to reposition, furlough and lay off their business professionals—as well as an industrywide push toward new technology and automation—don’t expect staff costs to decrease anytime soon.

The intense demand for Big Law services, its ongoing talent war and perpetual drive for efficiency are likely to boost firms’ investment in specialized staff in 2022 and beyond, according to legal profession analysts.

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source: https://www.law.com/americanlawyer/2021/12/17/as-law-firm-staffs-shrink-and-specialize-costs-actually-grow/

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