Although the current legal job outlook generally has been dismal, there may be hope for lawyers seeking in-house positions. A recent survey from HBR Consulting, which provides consulting services to law firms and law departments, shows that in-house hiring may be on the rise.
The results of the 2011 HBR Law Department Survey indicate that companies are increasing internal legal spend and reducing their reliance on outside law firms, which could mean more in-house jobs. The survey compiled information from 219 companies in 20 industries. Seventy percent of the participating companies had revenues at or above the Fortune 500 level. Key findings from the survey include the following: