Credit: joyfotoliakid/stock.adobe.com Report: Law Firms Can't Just Keep Throwing Money at Growing Talent War
The associate turnover rate reached 23.2% on a rolling, 12-month basis through November, "significantly" above the rate seen in late 2019, according to a new report.
January 11, 2022 at 01:05 PM
5 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
Last year was another "extraordinary" one for Big Law, with healthy demand growth and double-digit increases in profitability across the legal industry, according to a new report. But law firms are heading into 2022 with significant challenges over talent retention and costs.
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