Accurately and rapidly assessing which talent to retain is mission critical for legal employers right now. The NALP Foundation’s Associate Attrition May 11 webinar highlighted data from our newest study on associate departures and retention for Calendar Year 2022, contextualized this against the last 15 years’ data, and provided insights on associates’ destinations, tenure, regional differences, and new detailed data by firm size, including new statistics and analysis specific to firms of 501-1,000 attorneys and more than 1,000 attorneys.
 
During this webinar, Fiona Trevelyan Hornblower, President and CEO, and Jennifer C. Mandery, Vice President for Research, discussed:
 
Entry-level and lateral hiring;
Attrition data by race and ethnicity, gender identity, firm size, geographic region, and departure date;
Primary jobs/departure destinations;
Top reasons that associates leave firms;
Rehire information and “boomerang” associate data;
Wanted vs. unwanted associate departure data;
Departures to work at competitor or peer firms; and
The continuing impact of the COVID-19 crisis on associate attrition.
 
NEW -- This year’s update also probed whether lack of -- or lack of clarity about -- advancement opportunities drove associate departures, and expanded next professional destinations to include roles in Diversity, Equity and Inclusion (DEI), recruiting, and professional development.
 
With your purchase, you will receive a link to a recording of the May 11 webinar along with a complimentary PDF copy of the annual Update on Associate Attrition (a $300 value), a PDF copy of the webinar slides, and the following additional tools for tracking hiring and attrition:
 
Attrition rate formulas;
Associate hiring and departures tracking forms; and
Tips for using hiring and departure data to create success factors for your firm.