Publications
Even in Crowded Market, Big Firms Still Have Edge in Wooing Millennial Talent

For millennials or young attorneys getting their start out of law school, there are more career options scattered throughout the legal ecosystem than ever before. Whether it’s law firms, alternate legal service providers, in-house legal departments, the Big Four or even a legal tech company, fresh-faced law talent has its pick of options when charting a career path. Frank Ready checked in with TRU's Jared Coseglia for his take in this article for Legaltech News.

“I’ve actually seen law students take salaries that are lower than salaries that they might get at any ALSP just because it’s a law firm and they think that might give them more professional mobility in the future,” said Jared Coseglia.

Still, opportunities for young attorneys are also beginning to appear inside corporate legal departments, which have traditionally favored more experienced attorneys. “They are looking for less expensive talent. Their head-hunt approvals are lower, their budgets are lower going into 2021. And they may not be able to afford the person that has all the skill sets they are looking for,” Coseglia said.

Read the full article HERE!

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TRU Tips

An online job ad receives about 250 resumes on average. From these 250 applications, about 2% receive interviews.

Top 3 Reasons A Staffing Agency Is Preferable To Self-Submission
  • 98% of Fortune 500 companies use Applicant Tracking Systems (ATS), which often weed out 75% of applications before they reach human eyes, sometimes for irrelevant reasons like the way your resume is formatted.
  • As many as 50% of jobs are filled internally before even making it to the public eye. Some of these jobs are posted online to fulfill legal requirements, but an external candidate has little chance of landing the role.
  • Referrals have a 50% shot of getting an interview whereas for non-referrals, that drops to just 3%. In fact, 40% of hires come from the referral pool, which is only 7% of applicants.

Tip and TOP 3 courtesy of Forbes.com

Wednesday, 24 February 2021, 17:09
Publications
TRU Trends, produced in partnership with ACEDS

"TRU Trends" is a monthly blog, produced in partnership with Association of Certified E-Discovery Professionals (ACEDS). Posts will take on the month’s most important trends, biggest opportunities, and shifts in the ESI market that will affect ACEDS members and readership.

Written by Jared Coseglia for ACEDS.org

Monday, 22 February 2021, 16:08
Multimedia
Q1 2021 LEGALTECH JOB MARKET REPORT
Monday, 22 February 2021, 11:58