The number of persons employed in legal services in Switzerland stood at 13.1 thousand employees in 2023. The forecasted data for the years 2024-2028 indicates a steady decline in employment figures within this sector. Specifically, 2024 is projected to have 12.74 thousand employees, 2025 at 12.4 thousand, 2026 at 12.06 thousand, 2027 at 11.72 thousand, and 2028 at 11.39 thousand employees. This represents a year-on-year decline of approximately 2.67% between 2024 and 2025, 2.74% between 2025 and 2026, 2.82% between 2026 and 2027, and 2.82% between 2027 and 2028.
The compound annual growth rate (CAGR) from 2023 to 2028 stands at -2.82%, indicating a consistent decrease in employment within this sector over the next five years.
Future Trends to Watch For:
- Automation and AI advancements impacting employment in legal services.
- Shifts towards digital legal solutions requiring different skill sets.
- Regulatory changes potentially impacting the demand for legal professionals.
- Global economic factors and their influence on the legal sector’s employment trends.
