Talent and expertise sought: The legal sector is struggling to find professionals and executives
The legal sector is a very important and diverse field that deals with a wide range of subject areas and specialties. Specialists in this business have the responsibility to successfully lead their organizations and ensure that they achieve their goals. The legal area is experiencing a shortage of specialists in some fields, which can have an impact on filling leadership positions. On the one hand, the shortage of specialists and leaders - particularly at the partner level - limits law firms, legal departments and compliance structures in implementing growth strategies. On the other hand, the increasing motivation to change represents a corresponding risk for existing structures.
Vacant positions - some of which require special expertise - significantly increase the risk of not being able to adequately meet the complex areas of responsibility and the growing demands of clients. A stable personnel situation with a high level of personal satisfaction among employees and the associated low staff turnover is a decisive key factor for growth and in the competition for clients, partners and talent. The changing relationship between clients and law firms, legal tech solutions and other performance factors, as well as the growing importance of ESG, are current challenges that require the right staffing of top executives.