How to Retain Associate Talent | BCGSearch.com

Need Help? Call 800-298-6440

How to Retain Associate Talent

Law firms are in an enviable position—the demand for legal services is at an all-time high; profits are growing by leaps and bounds at many firms; the high-tech “new economy” is creating new legal needs; and the end of the growth period is not in sight. Unfortunately, legal industry growth is occurring at the same time that unprecedented numbers of associates are leaving their firms for other firms, or quitting the industry altogether. Currently, very few associates stay with their first law firm for more than two to three years. For many firms, the combination of a high workload and an inability to retain associates is stretching firm resources to the breaking point.
Related Articles

Steps to Attract and Retain Female Partners

Lately it seems as though the number of female partners currently working in law firms is becoming fewer and fewer these days. A lot of female partners are fleeing from firms due to a lack of balance...


How to Keep and Attract the Best and Brightest Talent

Take steps now to be a victor in the ongoing war for legal talent As needs for legal services become increasingly complex and sophisticated, law firms must attract and retain talent that has not onl...


The War for Talent and Business Downturns

Law firms that take a short-term view on talent during an economic downturn will find themselves paying the price. Rather than a cutting-back period, the breather afforded by a slowdown in work is a g...


More on the Associate Salary Hike

Just this past Monday, news broke of New York law firm Simpson Thacher's plans to hike first-year associate salaries to $160,000. Since then, David Lat's Above the Law has been abuzz with news of othe...


The 10-Step, ''No-Fail'' Guide to Distinguishing Yourself as a First-Year Associate

Be a Prince (or Princess) Amongst Paupers.Remember Prince...the Artist Formerly Known as Prince...who is now, apparently, Prince once again? I saw him today. I was finishing up minute 46 on a treadm...


Battered Associate Syndrome

So you've had many less-than-stellar experiences as an associate at your law firm. You've spent countless all-nighters on a two-month document review in the basement of a chemical plant located 300 mi...


Associate with Labor & Employment Law Experience Wants to Work in BigLaw

QuestionI have been working in small firm in New Jersey practicing labor and employment law since I graduated from Rutgers in 2003. I was in the top third of my class and was on Law Review. I really w...


The Associate with the 7-Year Work Itch

QuestionSuppose you spend 7 years at a law firm and don't make partner. I know that not making partner does not always mean that you did crappy work, especially if they kept you there for 7 years. But...


Is Lifestyle the New Black? A Recruiter Talks About the Concept of the Lifestyle Firm, and What It Means for the Next Wave of Associate Hirings

As Firms Begin to Renew Hiring Initiatives, a New Vernacular Must Take Hold For those lawyers who have practiced through both the heady hiring frenzy of the late 1990's, and the resulting (and inevit...


Latham Follows the Trend, Ups Associate Salaries

LOS ANGELES - Latham & Watkins can't be expected to make decisions as quickly as its smaller brethren....


 

  
[Top]


Click here to read about the benefits of being part of the BCG Attorney Search Family


Search Jobs

Locations:

Minimum Years of Experience:

Primary Area of Practice:

Firm Type:

Keyword:

 Partner Level Job(s):

Search Now