Top 5 Law Practices Seeing Growth In Demand 2022
As we come to the end of 2021, a popular question lingering on jobseekers’ minds is how the job market will shift in the upcoming year. Based on Recruit Legal’s observations and client interactions in the leading months, these 5 law practices are in demand in-house and poised for growth in 2022.
Global Supply Chain Law Practice
As the world pivots towards E-Commerce during the Covid-19 global lockdown, weak spots in the global supply chain have caused major disruptions to the delivery of goods and services. Now that the world is transitioning towards an endemic Covid-19 state, the issues continue to be rectified, pulling in demand for savvy legal eagles to help navigate the path ahead in industries like raw material production, manufacturing, transportation, airlines, and logistics handling.
Technology Law
Technological innovation drives our modern lives and organizations on the metaverse and beyond continue to grow this economy. With fast-evolving technologies such as SAAS, cloud computing, artificial intelligence, cybersecurity and E-Commerce at the forefront, legal needs will evolve in the technology field. Talents will continue to be in demand in the coming years.
Governance, Regulatory and Compliance Practice
In an environment of increasing regulation and heightened attention on governance, the challenges of corporate compliance will multiply. Fields of interest such as Data Protection, Blockchain, Crypto-exchanges and currencies, Digital Banking, Ethics & Compliance continue to draw in new talents. As new regulations and laws are minted every day, companies rely on the lawyers who interpret these laws to keep risk at bay.
Healthcare and Pharmaceuticals Practice
Organizations and companies in this space are moving full steam ahead given covid-19. Moving on from vaccines to other Covid-19 related medications, pharmaceuticals are at the frontlines with a critical need for talents. As the Health and Pharmaceutical industries continue to boom, the demand for legal professionals has risen in parallel.
Renewables Energy Practice
As consumer demands for renewable energy sources increases, traditional carbon energy companies are pivoting towards renewable space to meet this demand. The recent 2021 United Nations Climate Change Conference (COP26) has concluded that a drastic change is needed for an immediate net-zero future. Hence, the demand for renewable energy lawyers has soared as organizations transit towards the renewable energy business.
Recruit Legal will be able to partner you – whether you are a hiring organization or a job seeker navigating the current labour market. Do contact us if you have enquiries.