By Hermann, Richard L.
Build a legal career in one of the hottest 21st century employment arenas! In his 21st Century Legal Career Series, Richard L. Hermann researches, evaluates, and predicts where the employment opportunities are and will be for law graduates. Volume 11, Insurance Careers for Attorn...eys: Opportunity in Expected-and Unexpected-Places, shines a spotlight on a rich environment for law jobs. To say that insurance is booming is a decided understatement. The insurance industry is doing very well and continues to thrive regardless of the ups and downs of the global and national economies. A direct consequence of this is that both mainstream and JD Advantage insurance jobs for attorneys are proliferating. In fact, the demand for attorneys to fill these latter positions is high and becoming more intense, as employers discover that JDs who serve in these capacities bring both a strong skill set and dogged work ethic, as well as excellent judgment to their jobs. This is, in part, due to the aging of the population-in America, more than 10,000 Baby Boomers turn 65 every day and will continue to do so at this incredible rate until 2029! That kind of unprecedented demographic explosion puts a great deal of pressure on insurers. The number of claims skyrockets. More people go on disability. More people die. Insurance Careers for Attorneys details how to find the right employment opportunity in the vibrant world of insurance. Highlights include: -Why is Insurance Law Hot? -Who Hires? Insurance Companies -Who Hires? The Public Sector -Who Hires? Law Firms -Who Hires? Nonprofits -The Work: What Do Insurance Lawyers Do? -Selected JD Advantage Job Titles -Positioning Yourself for an Insurance Law Career -What Does It Pay? -Advance Notice of Insurance Law Opportunities Most mainstream legal jobs in insurance companies are in the corporate in-house counsel office. JD Advantage jobs can be found throughout insurance companies and occupy almost 50 job titles. Underwriting has become more infused with law, especially in areas such as professional liability and environmental liability. Consequently, there is an insurance industry trend in favor of hiring attorneys and training them to serve as underwriters in these law-infused sectors. And the Affordable Care Act (and whatever follows) imposes a host of new regulations and compliance requirements on insurers, which increases industry demand for legal services. Hermann covers all this and more as he lays out what law students and lawyers need to know to build a successful career in and around the insurance industry.Read more
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Richard L. Hermann graduated from Yale, the New School University, and Cornell Law School (following a stint in the U.S. Army, where he handled nuclear weapons and jumped out of airplanes). His first job out of law school was as an attorney at the Pentagon. He went on to work for the Government Accountability Office and Department of Energy. During his brief government career, he counseled friends and acquaintances on finding government law jobs, which evolved into launching Federal Reports Inc. The company became the leading provider of legal career information in the U.S. Among its many products were AttorneyJobs.com, LawStudentJobsOnline.com, and many other legal career publications and web products (all now the property of Thomson Reuters).He also founded and led Nationwide Career Counseling for Attorneys and Sutherland Hermann Associates, an attorney outplacement and disability insurance consulting firm. Later he developed and taught the first law school course in Legal Career Management for online Concord Law School. He is also a regular columnist for National Jurist. Hermann is the author of many books on legal careers including for the American Bar Association (ABA). LegalCareerView.com and the 21st Century Legal Careers Series are Hermann's latest additions to his body of work on legal careers (both traditional and non-mainstream [a.k.a. JD-Advantage]. Both resources help connect the dots between today's news and tomorrow's jobs and provide strategies for securing a rewarding career in--and around--the law.
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