We are all living in unprecedented times. Our country has not dealt with a pandemic since the 1918 Spanish Flu, and considering how globalism has exploded in the past 100 years, it is no mystery why this pandemic is so much worse. People are struggling with their health, their bills, and maintaining a career. We are not through the crisis yet, but there will be a lot of clean-up to do once we are on the other side.
We are going to need lawyers for that.
If your practice focuses on the right areas of the law now, you can step in and lend a helping hand once the dust settles and our communities start the process of cleaning up the COVID mess and building a strong foundation for the future. Based on what we have learned from the hundreds of attorneys we work with, we believe that the following legal areas will see a rise in demand once the COVID crisis is through.
- Bankruptcy Law. It is tragic, but many companies are not going to make it through this crisis. Bankruptcy lawyers are going to be needed to represent both debtors and creditors. If you enjoy negotiation and litigation, then this is an area to explore.
- Healthcare law. This area of law encompasses everything from malpractice to mergers and acquisitions within significant healthcare systems. Regardless of which type of healthcare law appeals to you, there will be a considerable demand for healthcare lawyers once the bulk of this crisis is over and healthcare institutions all over the nation deal with the fallout of how the crisis was handled.
- Labor & Employment. Companies are always beholden to labor laws, regardless of how difficult the economy or national climate is at any given moment. That being said, unfair labor practices continually happen and are likely to occur in more significant volumes during times of mass furloughs and lay-offs. A lot of people without work are going to need representation in the wake of this crisis.
- Insurance Law. Insurance claims are surging during this crisis, and disputes are bound to happen. If you are interested in reviewing and negotiating claims, this is a growing area of law to enter during and after the COVID-19 crisis.
The most important thing to do to prepare your legal practice for a post-COVID world is to stay on top of the news and research every emerging area of law that you can. No one anticipated a global pandemic.
Laws and regulations surrounding the handling of this pandemic change all the time. If you offer legal advice and help people and businesses with clean-up once the crisis is behind us, you need to make yourself a subject matter expert on COVID-19 rules and regulations. Critical thinking and strategy development will be essential since no one has done this before you. It is an exciting time for legal practices.