Job prospects Insurance Lawyer near Drummondville (QC)

We were not able to determine labour market conditions for Lawyers and Quebec notaries near Drummondville (QC) over the past few years (2021-2023) because of low employment levels in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be good for Lawyers and Quebec notaries (NOC 41101) in the Centre-du-Québec region for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment growth will lead to a moderate number of new positions.
• A moderate number of positions will become available due to retirements.
• There are a small number of unemployed workers with recent experience in this occupation.

Employment in this group primarily depends on the number of legal disputes and the ability to pay from their various clients.   

The generally rising cost of living, particularly housing, and the high interest rates are eroding households' spending capacity and reducing their willingness to engage in legal proceedings.   

For lawyers, several traditional fields remain in demand, such as family law, tax law, and immigration law, while newer sectors, such as intellectual property law, are growing. In the field of commercial law, businesses and organizations are expected to continue seeking professionals in this area.    

For notaries, the demand for wills and mandates in the event of incapacity is expected to remain strong due to the aging population. Additionally, the decline in mortgage rates is likely to support a recovery in the housing market. The anticipated activity in the real estate market during the forecast period should create demand for mortgage contracts that must be registered by a notary. 

Here are some key facts about Lawyers and Quebec notaries in the Centre-du-Québec region:

• Approximately 270 people worked in this occupation in May 2021.
• Lawyers and Quebec notaries mainly work in the following sectors:
  • Professional, scientific and technical services (NAICS 54): 91%
  • Provincial and territorial public administration (NAICS 912): 8%

Source Labour Market Information | Prospects Methodology