Job prospects Commercial Law Notary in the Montréal Region

Over the past few years (2021-2023), there was a labour shortage for Lawyers and Quebec notaries in the Montréal Region. There were more job openings than workers available to fill them in this occupation.

Source Labour Market Information | Recent Trends Methodology

The employment outlook will be moderate for Lawyers and Quebec notaries (NOC 41101) in the census metropolitan area of Montréal for the 2024-2026 period.

The following factors contributed to this outlook:

• Employment is expected to remain relatively stable.
• Not many 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 census metropolitan area of Montréal:

• Approximately 14,850 people worked in this occupation in May 2021.

Source Labour Market Information | Prospects Methodology