Research

2023 State of the Legal Industry Report

2023 was the "Year of Reaction," highlighting law firms' challenges and shifts in hiring, practice areas, and partnership trends.

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This report offers invaluable information for legal industry leaders to proactively refine their business development, competitive intelligence, recruiting, and marketing strategies.

The 2023 State of the Industry Report provides insights on:

  • Lateral and entry-level hires
  • Ethnic and gender diversity changes in the industry
  • Job opening insights and overview
  • Attorney exits and retention
  • Law firm challenges
  • Attorney partner promotions
  • Insight from legal industry professionals

Key discoveries highlighted within the report include:

  • In 2023, new entry-level hiring surpassed lateral hiring for the first time.
  • Litigation experienced remarkable growth, resulting in a 17% surge in job openings.
  • The hiring gap widened for ethnically diverse laterals and entry-level positions, rising by 5% for laterals and 3% for entry-level positions.
  • California emerged as the state with the highest number of new office openings, while Dallas claimed the title of the most popular city.

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FAQs

Does SurePoint support LEDES and client billing guidelines?
Yes. UTBMS codes, validations, and client-specific rules are baked in.

Will attorneys actually use the workflows?
Adoption improves when steps happen where they work; automation reduces administrative burden. Industry data shows growing use of workflow automation across firms.

How is knowledge secured?
Role-based access, governance, and audit trails ensure only the right people see sensitive content. KM programs emphasize taxonomies and stewardship for accuracy.

Is AI safe to use in legal work?
Practical AI should be embedded with guardrails, human review, and clear governanceβ€”a trend reflected in 2025 tech surveys.

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