Biglaw's Choices In The War For Talent: More Flexibility Or More Money
Why not offer associates both things?
It’s clear that following the COVID-19 pandemic, when almost all lawyers were working remotely, individuals have realized that the traditional 9-5 office-based approach just isn’t the only option anymore. It is in the best interest of firms to address their flexible working policies, as our research shows the next biggest single factor firms can continue to meaningfully compete on is pay. Firms must either offer flexible working options or pay their lawyers very well if they are successfully to attract, recruit, and retain the best people for their business.
— Duane Cormell, managing director of Realm Recruit, commenting on the results of the recruitment consultancy’s annual survey of legal professionals. About 83% of lawyers said if they were to look for a new job, flexible working would be important to them, while 81% said the same about money.
Staci Zaretsky is a senior editor at Above the Law, where she’s worked since 2011. She’d love to hear from you, so please feel free to email her with any tips, questions, comments, or critiques. You can follow her on Twitter or connect with her on LinkedIn.
