BigHand’s latest research into legal work allocation and resource management looks at the importance of securing and retaining top talent in a declining market amidst the threat of lateral hiring. To minimize the risk of losing long nurtured talent, firms are looking more closely at understanding individual career goals and ensuring lawyers are allocated work that supports those objectives.
Read the market insight to gain perspectives from 825 law firm leaders and understand why:
- 43% of firms have increased focus on lawyer career development over the last 12 months
- 55% of firms have no or partial data about opportunities for associates and 62% lack vital information about lawyer training and development
- 31% of firms say that improving visibility of work across all groups would improve work satisfaction in a hybrid work environment
