News From Texas' Leaders in Legal Recruitment | April 2019 We have seen an abundance of attorney jobs in Texas during the first quarter of 2019. Law firms are hiring lateral associates and in-house legal departments are hiring attorneys in specialty areas and to support operations. We are seeing a record number of in-house jobs for lawyers across the state, but particularly in Austin, with technology and financial services companies leading the way.
Hot Practice Areas Privacy and security related work has grown significantly in the past year. LinkedIn currently shows over 4000 job openings for Chief Privacy Officers, Analysts and Cybersecurity professionals across the U.S. Most of these jobs require or highly prefer a JD and we expect to see this demand grow. The General Data Protection Regulations (GDPR) apply not only to organizations within the EU, but also US companies who collect, maintain or process the personal data of individuals located within the EU. Compliance will be a big task - and is compulsory. The GDPR has been labeled by some tech industry experts as the "privacy equivalent of SOX".
Texas Still A Top Place to Live and Work US News & World Reports once again has Austin in the number 1 spot for places to live for the 3rd year in a row. They analyzed 125 metropolitan areas in the United States, assessing numerous quality-of-life factors and the job market in each metro area, as well as the cost of living and people's desire to live there. Also, Texas continues to draw Millennials. The median age of the 4 largest cities is 34.4 years old.
Along with Austin, DFW (#21), Houston (#30) and San Antonio (#34) also made the list. Here are few comparisons of the metropolitan areas:
Austin: Population - 2 million Average commute - 26.8 minutes Average Salary - $51,800 Median Age - 34.2
Dallas/Ft. Worth: Population - 7 million Average commute - 28.1 minutes Average Salary - $51,250 Median Age - 34.2
Houston: Population - 6.6 million Average commute - 29.7 minutes Average Salary - $53,820 Median Age -34.0
San Antonio: Population - 2.3 million Average commute - 26.0 minutes Average Salary - $46,200 Median Age - 34.4
Record Number of Law Firm Partners Added in 2018 According to The Texas Lawyer, twenty-one of the 25 firms with the most lawyers in Texas made a total of 98 new partners in 2019, considerably more than last year. The increase in new partner promotions at the big firms is in an indication that Texas firms are bullish on the strength of the Texas economy and the market for legal work. In addition to rewarding great lawyers for their work, the firms could also be trying to stave off departures of senior associates, considering the Texas later hiring market has been hot.
The Texas Lawyer has tracked new partner announcements for years. Their statistics provide an indication of the growth at Texas firms and the strength of the Texas Legal market.
Job Boards VS. Traditional Recruiting While Job Boards such as Indeed and Zip Recruiter continue to attract more legal postings, the need for legal recruiters like Momentum is not going away anytime soon. With employment at the highest rate it's been in over 50 years, employers are finding that we add value to the hiring process by bringing candidates to the table who are not responding to postings but who are interested after being contacted and educated about the position and the opportunity. The best candidates are often not watching or responding to postings, but we know where they are and what types of opportunities they would be interested in hearing about. We are busier than we have ever been and expect to be as long as the job market is this hot. The knowledge and relationships that are built over decades in the legal industry cannot yet be replicated by passively posting a position.
How should a candidate communicate, present a resume or answer recruiter inquiries? Based on what we’re hearing from hiring managers and the clients we represent, here are some suggestions that might help.