Fastest growing skills

2024

Fastest Growing Skills - Platform Law Firms
Platform law firms, which leverage technology to deliver legal services more efficiently, are driving the demand for specific skills in 2024. The fastest-growing skills in this sector are Torts, Consumer Law, Debt Management, and Partner Programs, each reflecting the unique needs of this evolving model.

Fastest Growing Skills | Additional Commentary

Platform Firms

Torts

With a digital-first approach, platform law firms often handle a diverse range of tort cases, including personal injury and negligence. These firms require legal experts who can navigate complex tort law cases, especially as online marketplaces and platforms grow, leading to new legal disputes around liability and damages.

Consumer Law

The rise of e-commerce and digital transactions has led to increased consumer protection issues. Platform firms are at the forefront of advising clients on compliance with consumer rights and addressing disputes, making expertise in consumer law crucial to their operations. This ensures that clients maintain trust while adhering to legal standards across multiple jurisdictions.

Debt Management

Given the financial challenges businesses face, debt management services are in high demand. Platform firms offer scalable, technology-driven solutions for handling debt-related cases, restructuring, and negotiations. Skills in this area are essential for helping clients navigate complex debt recovery scenarios efficiently.

Partner Programs

Collaboration and integration with other service providers are key to the platform model's success. Professionals skilled in managing partner programs can forge strategic alliances, ensuring that platform law firms can offer clients a broader range of services, from legal advice to compliance solutions. This synergy helps firms remain competitive in a rapidly changing market.

Fastest Growing Skills Traditional Law Firms
These skills reflect the core strengths of traditional law firms—expertise, reliability, and personalised service. As the legal landscape becomes more competitive, these firms are emphasising skill sets that reinforce their reputation for thorough legal practices.

Fastest Growing Skills | Additional Commentary

Traditional Firms

Legal Administration

As traditional law firms handle complex cases with strict deadlines, efficient legal administration is crucial. Skilled legal administrators help streamline operations, manage case files, and support lawyers, ensuring that legal teams can focus on delivering high-quality services to clients.

Competition Law

With increasing globalisation and stricter regulatory environments, businesses require expert legal advice on competition law to navigate anti-trust issues, mergers, and acquisitions. Traditional firms, known for their deep specialisation, see a growing need for lawyers with expertise in this area to help clients remain compliant and competitive.

Presentation Skills

Effective communication is key, whether in court, during client meetings, or when presenting legal strategies. Lawyers with strong presentation skills can articulate complex legal concepts clearly and persuasively, making them valuable assets in client interactions and courtroom advocacy.

Attention to Detail

Lawyers must draft contracts, review documents, and prepare legal arguments with great care. Attention to detail ensures that no critical aspect is overlooked, reducing risks for clients and maintaining the firm's reputation for meticulous, high-quality legal work.

Client Relations

Building long-term client relationships is at the heart of traditional law firms' success. Candidates skilled in client relations can provide personalised service, understand client needs, and offer tailored legal solutions. This focus on strong client engagement helps to stand out in an increasingly competitive market.