Many companies put HR on the back burner as they focus on growth. But good talent is becoming hard to find and even harder to keep. Now is the time to invest in HR and culture. An HR Maturity Assessment is a great way to clarify what you really need.
We recently released our 2019 Lawyer Happiness Survey Results and one thing that clearly stands out in both 2018 and 2019 is how unhappy Income Partners (also known as non-equity partners) are. Get your FREE copy of the results HERE. There are many reasons why Income Partners are so unhappy but here are 3 reasons we think Income Partners are so unhappy:
A recent Insight post by Rachel Gezerseh entitled “INSIGHT: Big Law Needs to Better Connect With Associate Talent - Cocktail Hours Aren’t Enough” got us thinking about some ways that law firms can improve both their hiring and retention efforts. We recently were interviewed by Columbus Business First regarding what law firms are doing to attract and retain millennials in the article , “Law Firms Focus on Flexibility, Happiness in the Race for Talent”. The author of the article, Laura Newpoff, interviewed us after viewing our 2018 Lawyer Happiness Survey Results, which among other things found that Generation X and Income Partners at law firms were the least content.
Following in the footsteps of other industries, U.S. law firms are finally embracing an agile workforce according to a recent article from the American Lawyer entitled “Amid Concerns Over Lawyer Workloads, U.S. Firms Embrace Agility”. Law firms like Orrick, Hogan Lovells, and Linklaters all have established firm policies aimed at enabling an agile legal workforce.
Law firm lawyers should spend at least 20% of their time on business development. When working with law firm lawyers on business development coaching and leadership development it has become abundantly clear that while every firm wants their lawyers to be developing new business, there is no target or stake in the ground to guide lawyers on business development expectations.
A thriving organization where your team is brilliant, high-performing, responsive, and client-focused isn’t one where competition is so fierce that people are pitted against each other in some sort of race to survival. A brilliant, high-performing, responsive, and client-focused organization is one where people genuinely want to help each other and their clients.
The Essential Associate, helps young lawyers not just survive, but thrive in today’s competitive law firm environment. It is a step-by-step guide for mastering both the practice and business of law, and includes the insights of dozens of successful lawyer, general counsel at Fortune 500 companies, and leading consultants to the legal industry.
Here’s what’s trending in the legal industry: (1) law firms are the targets of China hacking, (2) Barclays launches a legal tech incubator, (3) Should law firms shorten the path to partnership, (4) some law firms are ditching annual reviews, and much more.