Competitive Skills - People Development Magazine

Overview

The legal sector is evolving fast, demanding more than academic excellence. Lawyers must build competitive skills in commercial intelligence, prioritisation, market knowledge, technological awareness, and soft skills. Future-proofing through business acumen, emotional intelligence, and tech adoption ensures relevance, resilience, and employability in today’s competitive, client-driven legal marketplace.

Introduction

Almost every sector has undergone considerable changes over the last few months. There is unprecedented competition and a sense of urgency to get ahead, to sustain, and secure jobs and careers. If you are a legal professional, this might be the right time to take a step back and reassess your priorities.  Knowledge of the law is increasingly being considered a competitive skill in the legal profession. You can try a free MPRE review course that aligns with your professional responsibilities. However, it takes much more than academic excellence to thrive in the real world.

To succeed in today’s employment landscape, you need to pair your knowledge with other strengths. Here is a list of the most sought-after competitive skills in the legal sector. These skills will make you a more attractive candidate.

Commercial Intelligence

Law offices are ultimately a business. They are looking for people who can not only win cases but also thrive in the industry. In other words, practice activities are shrinking. They need people who fit culturally and align with the management ethos.

Instead, clients seek data-driven, multi-disciplinary, risk analysis that requires both business and legal knowledge.

The rise of productised legal services is here. Stakeholders need candidates who can quickly devise a commercial solution to legal issues, minimising risk.

Managing Priorities

Every lawyer must be efficient with time management, and that includes prioritisation. Competing projects that require the same focus can be challenging to manage if you are unable to assess your workload and address those that need the most attention. It is also applicable to how you prioritise your clients. The skill of prioritisation goes hand in hand with your commercial acumen. It is the key to effective communication and successful collaboration.

Market Knowledge

The legal sector encompasses a wide range of specialisations that require a distinct set of skills. Regardless of which industry you are in, you must be well-informed of what is going on in other markets as well. You will need to be prepared to grab opportunities and uncover potential revenue streams. Essentially, lawyers also need to be skilled in business development, able to convert their knowledge into actionable plans.

Technological Awareness

The legal industry is on the cusp of transformation. Technological advancement is one of the biggest challenges currently facing the sector. It will overturn the traditional business models and will be driven by technologies such as AI. On an individual basis, the younger generation will be responsible for embracing technology and finding a place for it in the sector. You need to learn about the opportunities that technology can bring and what you can offer the firm with your knowledge. Future-proofing your skill set is no longer an option, but a necessity, and is one of the key competitive skills required in the legal profession.

Soft Skills

It is understood that every lawyer or professional should have a set of soft skills that help nurture better relationships in a work environment. For lawyers, this might be even more valuable, as your soft skills could determine all your interactions with your clients. Your emotional intelligence, people skills, cultural awareness, compassion, and empathy would all factor into how you evaluate and respond to different challenges.

In today’s business world, legal exposure is just one factor among many that affect decision-making processes. Provide data-driven analysis and recommendations that align with the client’s objectives.