Impact of the COVID crisis on the legal sector

Wolters Kluwer’s Future Ready Lawyer survey shows the legal industry is finding it difficult to hire and retain the people it needs, especially in the post-COVID era of hybrid working.

The impact of generative AI (GenAI) on the legal industry is growing, with most lawyers believing it will change how they work. But there’s no clear consensus on whether they see it as an opportunity or threat.

The emergence of ESG in recent years has led to a fast-rising demand for ESG-related legal expertise and guidance. However, the majority of law firms (69%) feel they are not yet very prepared to meet client demand in this area.

What does the future of the legal profession look like? Wolters Kluwer’s Future Ready Lawyer survey leaves no doubt: lawyers recognize that technology will play an important role in boosting productivity and efficiency.