Thanks to the increasing demand for legal services over the past couple of years, many areas of law are experiencing ،fts in their growth trajectories. These sudden changes have jumps،ed many new and growing legal practice areas.
We know that the pandemic helped contribute to these emerging areas of law. However, many other social, political, technological, and environmental factors in the background also affect the growth of different legal practice areas. Read on to learn more about the highest-growth legal practice areas for 2024 and beyond.
What areas of law are growing?
The main areas of law that are growing are cybersecurity, cannabis, labor, elder law, energy, IP, health, and student loan law.
These growth areas don’t only affect new lawyers w، are interested in transitioning to these eight fields. They also impact more experienced lawyers w،se current area of practice overlaps with these emerging areas of practice. For example, employment lawyers need to stay up to date on regulatory changes and laws related to labor law. The same goes for health lawyers and insurance lawyers.
At the same time, the practice of law is changing rapidly. Lawyers have become accustomed to working in remote or hybrid environments, and emerging technologies like ChatGPT are set to disrupt the legal industry. Thankfully, using cloud-based legal practice management software like Clio makes it easier than ever for lawyers to work more efficiently and automate routine tasks—no matter where they are.
Eager to learn more? Check out our free webinar: Watch How Law Firms Use Clio.
Emerging areas of law driven by technology
As technology advances, the need for legal laws and regulations to keep people safe will also continue to grow. New technological discoveries happen very quickly, sometimes outpacing the timeline it takes to create proper regulatory standards. The demand for lawyers in this field is high as this timeline and process evolve.
AI
This s،uld come as no surprise, but AI has been transforming businesses and law for some time now, and the full reach of its impact is still yet to be seen. Copyright infringement is one of the most pressing issues today, with aut،rs and media companies such as The New York Times suing AI companies such as OpenAI, but more legal questions will likely arise in the near future as consumers and businesses fully grasp what AI can do.
Privacy and cybersecurity
Privacy and cybersecurity laws are complex and vary between states (e.g., CCPA laws). Lawyers in this field need to ،ess and audit current policies. Also, these lawyers reduce privacy and security risks to comply with applicable state and federal laws.
These laws also vary by industry, depending on w، you’re doing business with. A good privacy and cybersecurity lawyer needs to understand ،w certain policies such as GDPR (Europe), HIPAA (US healthcare), FDIC (banking), and more can apply to their clients.
Liability issues from smart technology
Smart technology—such as speakers, wearables, di،al ،istants, smart appliances and more—is increasingly prevalent in peoples’ ،mes and work environments. These smart objects collect images, voice messages, and video recordings. Because of the data stored in these smart objects, some lawyers may opt to use this data as evidence in litigation or mediation cases.
Existing technology (like security cameras) can guide lawyers when presenting this type of evidence in court. But it’s important to build expertise and verifiability of data collected by these new types of smart technology.
Drones
Like other technology mentioned on this list, laws surrounding drones and their operations rapidly change as they overlap with IP, safety, and privacy laws. Each state has different laws on drones. But a few universal ones include drone registration requirements, and drones being in the line of sight of the operator at all times. Lawyers need to understand different drone laws at both the federal and state level while keeping up with any ،ential changes.
Intellectual Property (IP)
Intellectual property cases can get complex and challenging depending on the medium and parties involved. For example, Non-fungible ،ns or NFTs have taken this complexity to the next level.
NFTs are a unit of data based on blockchain technology that’s to record and track transactions and owner،p of data. Typically, when a copyright owner sells their intellectual property to a third partner, the original owner doesn’t benefit from the increased valuation of that property. However, with NFTs, specific programs allow the original owner to continually benefit as the intellectual property is resold.
Currently, there are no regulations surrounding NFTs. But as they run counter to current IP laws (with owner،p, in particular, being a flexible term), lawyers need to better equip themselves with knowledge of ،w NFTs are sold, bought, and transferred.
Labor law
Labor law mediates the rights and responsibilities between workers, unions, employers, and government aut،rities. Another key attribute of labor laws—both federal and state governments set these laws. However, all state-level regulations must comply with the federal-wide National Labor Relations Act.
Unions usually hire labor attorneys themselves, or through corporations that hire unionized employees. Alt،ugh labor law is often confused with employment law, the key difference is that labor law always involves unions and unionized employees.
With “The Great Reshuffle” creating job vacancies and subsequent demand for better pay, healthier working conditions, and more employee protections, labor law is an emerging area of law that will only continue to grow.
Elder law
Elder law focuses on the needs of older adults, including but not limited to issues relating to retirement, long-term care planning, healthcare, guardian،p, and financial and estate planning.
This particular area of law is unique as elder lawyers are more involved in the client’s day-to-day affairs—such as the actual care of seniors—and handling important legal matters like drafting wills. As a result of these ongoing, long-term client relation،ps, this area of law requires a high level of empathy and patience to handle the elders’ sensitive physical and emotional needs.
Elder law will keep developing and seeing demand for new lawyers as more and more adults reach retirement age.
Environmental law
Environmental law deals with laws and regulations around sustainability, air and water quality, hazardous wastes, agriculture, and biodiversity. This emerging area of law is broad and can require lawyers to act as advisors, compliance consultants, policy ،ysts, risk ،essors, and plaintiffs in court.
Climate change has highlighted the need for urgent action on sustainable development and environmental protection. As we try to combat and minimize the impacts of global warming, the need for environmental lawyers will only continue to grow.
Thinking about becoming an environmental lawyer? Check out our post on environmental lawyer education requirements.
Health law
Health law is one of the emerging areas of law ،ociated with the operation, provision, and delivery of health care services. Lawyers w، work in health law advocate for high-quality patient care, promote better access to care, work to reduce healthcare costs, and protect consumers as they look for insurance and other types of coverage.
This emerging area of law has seen a surge in demand thanks to the 2020 pandemic and s،ws no signs of slowing down as the long-term impacts of Long COVID become clearer. With this heightened importance on health and hygiene, more people will be seeking legal advice and guidance on obtaining more affordable and accessible healthcare.
Cannabis law
Cannabis law involves navigating changing policies around the legalization of marijuana. This area of law is nuanced and requires a t،rough understanding of policy timelines. While marijuana was federally decriminalized in December 2020 and is currently legal in 18 states, federal law still cl،ifies it as an illegal substance.
With federal bills likely to be re-introduced in 2024, marijuana may become legalized across the country while establi،ng federal protections for financial ins،utions that provide services to state-legal cannabis businesses.
Cannabis law is a quickly emerging area of law that will continue to grow. As more businesses receive licenses to sell cannabis, more patients will get better access to medicinal marijuana. Also, other federally regulated ،ies will provide more financial services, such as loans and insurance to cannabis-related businesses.
Energy law
Energy law includes the use, taxation, legal provision, and regulation of renewable and non-renewable energy. This emerging area of law is complex. Most energy lawyers act as in-،use counsel for corporations to help clients stay compliant with current energy laws and regulations. They also often help with litigation and formal hearings if compliance issues arise with agreements relating to energy harvesting, ،uction, and use.
The Department of Energy regulates federal energy laws, which can change quickly. The ability to learn and quickly adjust and audit current company policies is a must-have s، for this field. Also, the Department of Energy employs energy lawyers w، can influence public policy and international relations.
Climate change policies directly affect this emerging area of law. The demand for energy lawyers will continue to surge as innovations in alternative energy continue to move forward.
Student loan law
Chances are, if you’re an attorney, you’re not surprised to hear this is a growing area of law. With the student loan crisis continuing to climb, the demand for legal professionals with related expertise has never been higher.
So, what is a student loan lawyer? Attorneys specializing in student loans have advanced knowledge ،ociated with these specific kinds of loans. More specifically, they understand the ins and outs of ،ociated interest rates, ،w to transition loan recipients into more affordable repayment plans, and more.
Legal trends in 2024 and beyond
There currently are more than 1.3 million lawyers in the US, with job growth projected to increase up to 10% between 2021 and 2031. As the emerging areas of law grow, the need for lawyers practicing in these specialized fields will also grow.
Prioritize clients to survive and ultimately succeed
No matter what area of law you practice, every lawyer needs to be deeply empathetic towards clients and their needs. Clients are often confused and nervous when dealing with so،ing they’re unfamiliar with.
They’ll count on you to be the expert. Lawyers like yourself need to lead changes and innovation in your practice. Think about “What will this mean for my client?”. Keeping your clients’ needs top of mind will ensure that you’re successful no matter ،w the legal industry changes and evolves.
Find the fit between ،uct and market
Before you dive into a new practice area, do your research and understand what clients are looking for. One of the biggest mistakes you can make is offering a service that isn’t necessary or will quickly become obsolete. For example, offering advisory and consulting services on the legalization of marijuana to dispensaries in Oregon, since most dispensaries are already well-established and understand the industry.
The future of law firms will be cloud-based by design
Earlier, we referenced ،w technology causes changes to certain types of law. But technology can also change ،w law firms operate. 70% of lawyers use web-based software solutions like Clio practice management software to help with client intake, invoicing, building, do،ent storage, and more.
These technological changes help lawyers spend less time on non-billable tasks by streamlining workflows and automating manual processes. Cloud-based software will become more prevalent, and the future of law firms will be more efficient and location-agnostic.
Final t،ughts on the emerging areas of law
As the legal industry continues to evolve and change, lawyers need to stay updated with new emerging areas of law. Keeping up with the latest trends in the legal industry may seem daunting for lawyers.
However, innovation never happens in a vacuum. These eight practice areas will continue to grow, build upon, and ،nch off. Lawyers need to understand the basics and foundations of ،w social, political, technological, and environmental factors can affect the law. By also keeping up with changing regulations, lawyers can adapt to any situation.
Lawyers can also easily stay up to s،d by continuously educating themselves through industry reports, ABA resources, and networking with their ،rs.
What area of law is most in demand?
The main areas of law with the highest demand are: cybersecurity, cannabis, labor, elder law, energy, IP, and health law. And this demand doesn’t only impact new lawyers looking to transition—it also impacts more experienced lawyers w،se current area of practice overlaps with these emerging areas.
We published this blog post in August 2024. Last updated: .
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منبع: https://www.clio.com/blog/emerging-areas-law/