Stop Fighting The Last Talent War - Jordan Furlong (Edge Int'l)


Generals are often accused of "fighting the last war" — that is, employing the tactics that worked before and trying to avoid the mistakes they made last time. Wars don't tend to repeat themselves, but we nonetheless tend to repeat our strategies and responses when fighting each new conflict.


This phenomenon is relevant to what has been referred to as the "talent war" in law. Talk of this war has faded during the financial crisis and throughout the recession, but these battles are still being fought. The going price for first-year lawyers is back to $160,000 and will probably go higher still, while lateral acquisitions and law firm mergers (the traditional shortcuts for obtaining desired talent) continue to pick up steam.


It might well be, however, that law firm leaders pursuing these strategies are applying the lessons from previous talent wars, when it was critical to recruit your fair share of the "best and brightest" new graduates from "top" law schools, or to land that coveted partner with the fat book of business. Those look increasingly like incomplete battle plans, if not the wrong ones altogether.

LOADING PDF: If there are any problems, click here to download the file.

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Edge International Consulting | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.