Law firms of all sizes face a critical threat in the form of escalating duels over top-tier talent. While the practice of lateral recruiting is not new, its agents are increasingly persistent, and the sheer volume of persuasive offers makes the work of lawyer retention more complex — and more important than ever.
Firms seeking solutions to the lawyer-poaching phenomenon would be well advised to look within their own organizations for answers, because the best way to combat the allure of competing offers is to make those offers less alluring from the start. By building a better workplace, with supportive professional development, fair compensation, strong and respected management and a positive culture, firms can insulate themselves against the powerful sway of competing opportunities.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]