2024 Legal Landscape: Predictions and Preparations for GCs
November 14, 2023 | 01 PM EST
About the Webinar
Join us for an insightful and thought-provoking webinar as we delve into the findings of Axiom's second-annual in-house talent report, "View from Inside." In this eye-opening event, we will explore the alarming statistics and trends that are reshaping the legal landscape in 2024.
In-house counsel are at a critical tipping point, and our report uncovers the pressing issues that demand immediate attention. According to our second-annual View from Inside report, nearly 90% of in-house counsel are unsatisfied with their current positions, highlighting a state of discontent within the legal industry.
The survey, conducted by Wakefield Research, surveyed over 200 General Counsels (GCs) across various industries, shedding light on the challenges they face and the flight risks within their already-depleted teams. The report reveals a striking reality:
- Over 80% of in-house lawyers feel their legal departments are under-resourced.
- Traditional hiring practices and law firms fall short in addressing their resourcing challenges.
- Junior and mid-level lawyers, particularly Gen Z and Millennial legal professionals, present a significant flight risk.
Our speakers will discuss the urgent need for change in the legal industry. They will emphasize the critical importance of addressing issues related to understaffing and overwork before valuable team members depart, and the consequences that follow.
This webinar will provide a comprehensive analysis of the survey findings and explore potential solutions to the in-house counsel crisis. We will delve into the frustrations of an overwhelmed legal workforce and discuss how traditional hiring practices no longer suffice. Instead, the majority of in-house counsel seek agile and flexible solutions that provide expertise precisely when and where it's required.
Key webinar highlights:
- A deep dive into the Axiom survey findings and their predicted implications for in-house counsel and legal leaders.
- Insights on how GCs can prepare effectively and address resourcing challenges in today's legal landscape.
- A discussion on the flight risk of junior and mid-level lawyers and strategies to retain talent.
Don't miss this opportunity to gain a deeper understanding of the challenges facing in-house counsel and to explore innovative solutions that can shape the future of the legal profession.
Register now and be a part of the conversation. Join us as we navigate the path to a more efficient and effective legal industry.
Founder & Legal Startup Investor, Killer Whale Strategies
General Counsel, MongoDB
Former GC / Axiom Lawyer
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