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Human Capital in the New Legal Ecosystem
Hoofdkenmerken
Auteur: Michael Roster; Erin Meszaros; Susan Saltonstall Duncan; Bree Buchanan; Renee Branson; Lauren Stille
Titel: Human Capital in the New Legal Ecosystem
Uitgever: Ingram Publisher Services UK- Academic
ISBN: 9781787425767
ISBN boekversie: 9781783584000
Editie: 1
Prijs: € 221.82
Inhoudelijke kenmerken
Categorie: Legal profession
Taal: English
Imprint: Globe Law \u0026 Business
Technische kenmerken
Verschijningsvorm: E-book
 

Inhoudsopgave:

The COVID-19 pandemic has changed working practices across the globe. It has been predicted that as much as 80 percent of the legal workforce will remain transient or permanently working from home after the COVID-19 crisis ends, with only around a fifth as full-time office workers. Although law firms typically weather downturns better than the overall economy, revenues, working practices, and working culture will all change. The expected economic downturn may not directly translate into a decline for professional services, as market difficulties, regulatory responses, stimulus programs, changes in employment, and other stressors provide potential sources of demand - particularly in the legal sector. What is clear is that personnel issues will come to the fore, and law firm leaders will have to respond proactively, both to mitigate risk and to make the best of a challenging and changing situation. Transitioning from an industry famed for office working to one that is more responsive, flexible and individualistic will provide as many opportunities as it will challenges.
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