How Law Firms Are Letting Their Top Talent Slip Away
Law360, New York (August 17, 2015, 9:12 PM EDT) -- If you want to keep an attorney from jumping to another law firm, your firm needs to worry less about compensation and instead make sure there are ample opportunities for advancement, according to a recent survey by Law360.
The Law360 2015 Lawyer Satisfaction Survey determined that attorneys are more likely to stay put if their law firm has growth opportunities than if they are being paid a generous sum but feeling stagnant in their current position. According to the survey, 89 percent of attorneys who are “very dissatisfied” with their firm’s opportunities for advancement responded that they were either “very likely”...
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