Biglaw Firms Are Continuing To Grow Amid Dropping Demand Because Associates Aren't Quitting
Associates are sticking around for longer than firms expected....
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Associates are sticking around for longer than firms expected....
Attrition rate for people of colour 'notably higher,' said report with US and Canadian data
While hiring and attrition of law firm associates have decreased from the historic high levels reported in 2021, they remained above levels from previous years in 2022, according to the NALP Foundation for Law Career Research and Education’s annual Update on Associate Attrition report released Tuesday.
Changing geographic locations was a big prompt for associates to leave their firms.
A client recently asked me an interesting question, 'How much should we counteroffer an associate who has given notice?'