Publications
No More ‘Strategic Advantage’? Remote Legal Tech Job Market Means More Competition

Many legal tech companies have grown more comfortable with the prospect of hiring top candidates who don't live in proximity to a central office location. But a shift to a larger talent market could increase the level of competition among both job seekers and employers. Frank Ready quotes TRU founder and CEO Jared Coseglia multiple times in “No More ‘Strategic Advantage’? Remote Legal Tech Job Market Means More Competition.”

Jared Coseglia, founder and CEO of TRU Staffing Partners, indicated that companies are moving quickly with employment offers for top candidates, noting that some organizations have finalized job placements within the course of a single day. “The speed at which you move on talent when you want them will be, in my opinion, the No. 1 differentiator among employers,” he said.

Coseglia pointed out that companies are relying on specialized contract workers to address specific and immediate needs within the organization, so they don’t need to get all of their skill sets in one hire. That’s good news for job seekers competing on a national or global stage. “There’s a lot of competition, but there’s also a lot of jobs,” Coseglia said.

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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