Facts & Figures: Litigation driving hiring at law firms, legal departments

From hiring prospects to a surge in patent litigation, an inside look at the numbers that count

Sobering Statistics

Newly minted law school grads don’t just have each other to fight for jobs. According to a new employment report from the National Association for Placement, a sizeable percentage of graduates from the class of 2012 still hadn’t found jobs nine months after leaving their alma maters. Alums who did find jobs, however, saw their starting salaries jump from the previous year.

Hiring Hopes

There may be a light at the end of the tunnel for unemployed law school grads, though. A new survey courtesy of Robert Half Legal shows that a significant percentage of law firms and corporate legal departments plan to expand in the second half of 2013.

Litigation Leap

Patent lawyers could find themselves in high demand in upcoming years, if the 2013 Patent Litigation Study from PricewaterhouseCoopers is any indication. According to the study, the number of patent litigation filings jumped significantly in 2012—along with the number of damages awards totaling more than $1 billion.

Rising Rates

Merger Metrics

M&A activity this year hasn’t quite lived up to expectations, and Deloitte may have an explanation. The firm’s fourth annual Corporate Development survey shows that just one-quarter of executives are very confident that the financial forecasts they use to support M&A decision are accurate. The survey results demonstrate the uncertainty of the M&A field and the difficulty predicting the success of deals, Deloitte reports.

Alanna Byrne

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