Legal Market Insights
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"What borrowers need to know about the Public Service Loan Forgiveness overhaul,” 10.6.21 NPR reports that borrowers who have felt stymied by the federal program meant to forgive the student loan debts of longtime public servants got more reason for optimism as the Department of Education officially released the details of its Public Service Loan Forgiveness overhaul plans.
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"Online dispute resolution promises to increase access to justice, but challenges remain,” 10.1.21 The ABA Journal featured a story on the "risks and opportunities for courts and other groups trying to address issues in the civil justice system,” noting that adopters "can take that broken system and just move into a new technology platform, or we can use the dawn of ODR as an opportunity to repair some of those breaks in the system.”
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"Law Firms Are Willing to Pay for More Diverse Lateral Candidates, Raising Questions for Recruiters,” 10.11.21 Law.com reports that demand for diverse legal talent is higher than ever, and recruiters are facing new pressure to place candidates from underrepresented backgrounds at the law firms they call clients.
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"Law Firms Still Beset by ’Chronic Underestimation’ of Wellness," 10.06.21. Law.com reports that "firms are saying the right things when it comes to mental wellness…[but] new perks meant to boost mental health don’t address underlying causes of problems, such as workloads and staff shortages.”
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"CLO Hirings Rapidly Ramp Up, Potentially Straining Candidate Pipeline,” 10.5.21 Law.com reports, "In an analysis of more than 100,000 U.S. hiring decisions, all involving people with "chief" in their job titles, LinkedIn found chief legal officer hiring rates increased by 53% since September 2020."
