Tsunami of Bankruptcies Leads to Attorney Hiring Surge
Source: LinkedIn Workforce Report, July 2020
The Signal: Even in the midst of a pandemic, one industry is seeing hiring demand grow faster than health care: law. According to LinkedIn, hiring in the legal field has not only returned to pre-COVID levels, but is rising faster than health care as law firms bulk up their bankruptcy staff — and lawyers hang out their own shingle — in preparation for the expected surge in COVID-19-related bankruptcy filings.
“I don’t know how fast it will come or how far inland it will go,” attorney John D. Penn told ABA Journal. “But the tsunami is on its way.”
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