The rising tide of eDiscovery will lift the prospects for many job-seekers surfing the web in 2017.
According to a new report, eDiscovery will create hundreds of jobs at law firms and companies across the country. The report, Cowen Group's 2016 Compensation Trends in Legal Technology Report, bases its prediction on a survey of 244 businesses. It says that litigation will create jobs for attorneys, project managers, forensic specialists and other professionals.
Jennifer Schwartz, vice president of executive placement and advisory services at the Cowen Group, said that the demand for eDiscovery professionals is not unusual given that "over 50 percent of the legal market is going to a managed services outsourced model for e-discovery."
As a result, job hunters will find more opportunities for eDiscovery work at legal service providers than at law firms. More than half of the jobs will be at service providers, while less than one third will be at law firms. The report projected 38 openings for eDiscovery attorneys at law firms, approximately 15 percent of the total eDiscovery jobs available.