When it comes to budgeting for a fresh crop of first-year associates, it’s not all about paying for rising salaries and expanding benefits. Law firms are dedicating big money and devoting ongoing resources to training and development for their young lawyers, even when the lawyers are less likely to stick around than they used to be.

Firms are spending an average of $12,000 recruiting and training each first-year associate they hire, while larger firms spend $62,000 on average, according to a recent survey by the legal staffing agency Robert Half Legal that focused on expectations for new associate hiring.

This content has been archived.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 Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

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]