The facts are simple. The global recession has dramatically changed the situation for talent recruitment and retention in law firms.
Reported record highs of layoffs in the profession, with estimates of Lawyers in the country who are unemployed or underemployed ranging from 30,000 and 100,000, coupled with the fact that each year Law Schools produce approximately 45,000 graduates each year, mean that there are more lawyers than jobs available
The recession has rocked the legal profession, and old game plans for Recruitment, Training and Retention will no longer work.
Managing Partner's new report - Navigating the Perfect Storm: Recruiting, Training and Retaining Lawyers will enable you to re-examine your current recruitment, training and retention processes to ensure that your firm is in a better position to anticipate future needs while remaining competitive in a challenging market.
It looks at the key strategies needed to exploit the lessons that have been learned and the opportunities that lay ahead on topics including:
- Developing new skills including Project management and Convergence
- Changing client demands
- New-graduate recruitment
- Shortcomings in law school education
- Lateral Partner and Lateral Associate recruitment
- Training first and second year associates
- Ongoing professional development needs
- Morale, motivation, and compensation
- Associate attrition and retention
Navigating the Perfect Storm is a candid review of the current problems and challenges, that provides fresh ideas and strategies to improve Recruiting, Training and Retaining practices
It represents a valuable reality check for firms and individuals, setting out in clear terms the changes they must face up to survive and thrive in today’s legal profession.
For more information contact Daniel Smalwood at firstname.lastname@example.org