Streaming Boom Triggers Legal Employment Growth

Los Angeles

The streaming wars have triggered growth in ancillary support industries in Los Angeles. According to a recent tech report from CBRE, Los Angeles is among the leading markets for tech job growth, and now another report from the firm shows that the market is leading in legal job growth as well. Los Angeles has the second highest legal job growth in the country, behind only Atlanta. From 2016 to 2018, the legal jobs have increased 13.2% in Los Angeles, an addition of 69,000 jobs.

“The real sector that is growing is the technology and streaming companies, like Hulu, Netflix and Amazon,” Danny Rees, first VP at CBRE, tells GlobeSt.com. “That market has exploded, and I think there is an increased demand for legal work, especially Century City. There are a lot of people working in those businesses in the legal sector. It is an ancillary effect.”