Based on a brand new report from the Association of Corporate Counsel (ACC), the variety of in-house counsel in america has been persistently rising at a far larger price than the variety of legal professionals working in both personal follow or authorities.
The report, which analyzed knowledge from the U.S. Bureau of Labor Statistics’ annual Occupational Employment and Wage Statistics report, finds that the in-house counsel inhabitants rose by nearly 90% between 2008 and 2024, from 78,000 to 145,000. In contrast, the legislation agency lawyer inhabitants grew simply 23% whereas the variety of authorities attorneys elevated 38% over the identical interval.
The report additionally examines the geographical distribution of the in-house counsel inhabitants, noting substantial will increase in established authorized hubs like New York in addition to dramatic development in smaller markets, akin to Wyoming and Vermont.
ACC Report Finds In-house Counsel Population Nearly Doubled Since 2008, Growing at a Rate Far Exceeding Law Firm and Government Sectors [Association of Corporate Counsel]
