18. Is The Talent War a Calamity or an Opportunity?
Many will view the "talent wars" as a negative. But it isn't just a cue to re-visit hiring and promotion, it's also a prompt for reflection. Law firms can use this unique set of circumstances in the job market as an opportunity to examine some processes that can be improved upon — and get lean.
December 10, 2021 at 08:37 AM
4 minute read
The original version of this story was published on Lean Adviser
It's being called the "Great Resignation." Tied to the COVID pandemic, people are leaving their jobs in droves. According to an August 2021 PricewaterhouseCoopers survey, 9 out of 10 executives say they're facing higher than normal turnover.
And, according to Kastle's back-to-work barometer, which analyzes data from their key fob systems, the legal industry is the most aggressive vertical in America when it comes to forcing a return to office. National occupancy for law firms is currently at 63.9% compared to the average occupancy for all industries of 36.9%.
Another lesson in Lean Adviser addresses how lean practices can help retain the talent that may be looking to leave, so in this lesson, let's flip this and look at whether this trend presents an opportunity for firms to re-think old processes — and get lean.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
Will Trump Be a Boost to Quinn Emanuel's Fortunes in China?
Auditor Finds 'Significant Deficiency' in FTC Accounting to Tune of $7M
4 minute read
Trending Stories
- 1Waterbury Jury Awards $2 Million Verdict Against Eversource
- 2Walter Taggart, Villanova Law Professor, Dies at 81
- 3$2.7M Verdict for Whistleblower Exposes Employer to $300M Claim
- 4Phila. Med Mal Lawyers In for Busy Year as Court Adjusts for Filing Boom
- 5Bonus Parade Continues, With Additional Firms Matching Milbank
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
