In accordance with a brand new report from the Affiliation of Company Counsel (ACC), the variety of in-house counsel in the USA has been constantly rising at a far increased fee than the variety of attorneys working in both non-public follow or authorities.
The report, which analyzed information from the U.S. Bureau of Labor Statistics’ annual Occupational Employment and Wage Statistics report, finds that the in-house counsel inhabitants rose by virtually 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 progress in smaller markets, corresponding to Wyoming and Vermont.
ACC Report Finds In-house Counsel Inhabitants Almost Doubled Since 2008, Rising at a Fee Far Exceeding Regulation Agency and Authorities Sectors [Association of Corporate Counsel]
