An "opt-in" project formed by a group of Heller Ehrman attorneys to help keep women in law is recommending that firms do away with the billable hour. And in the midst of a new round of salary wars, the group is calling for less money and less hours to stem attrition in the associate ranks. The group's report cites one survey that found a 57 percent attrition rate for associates before their fifth year and another that found female associates were more likely to leave private practice than male associates.
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Eliminating the industry standard could encourage female attorneys to stay at firms, says group.
All in Favor of Axing the Billable Hour ...
The Recorder
June 7, 2007
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