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Privacy's Rising Stakes May Be Changing In-House's Relationship With Outside Counsel

Corporate legal departments have often relied on outside counsel to help navigate an increasingly complicated landscape of global privacy laws. But as updates like California Privacy Rights Act of 2020 continue to roll in, companies may find it more cost effective to engage the services of contract workers or even long-term hires. Legaltech News reporter Frank Ready asked TRU's Jared Coseglia for his input.

“Do you really need a six-year associate from an Am Law top 50 doing your policy revisions? Some people say absolutely. Some people say ‘I’ll bring in a contract worker,'” [Coseglia] said.

“[Privacy's] value is beginning to supersede just compliance. It’s beginning to now effect the brand and as that evolves, that’s the business that you want to be in if you want to have a major career,” he 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