, Singapore

Shocker: Lawyers worry most over rising cost of living

Nearly 9 out of 10 lawyers cite rising cost of living as the main concern over the next 6 months.

According to recent survey conducted by the Michael Page International, more than half of respondents said that the ability to meet the rising cost of living is the issue of most concern over the next six months. 

As such, Michael Page notes that with economic conditions predicted to improve further throughout 2011, the pressure will  be on employers to provide salary increases for their employees to compensate for the rising cost of living.

Survey respondents, meanwhile ranked the prospect of another economic downturn as their second highest concern for the next six months. "The ongoing weakness in the US  and European economies is keeping this possibility in sharp focus," said Michael Page.

Below is a summary of the results where professionals in the legal field most worried over rising cost of living:

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