Accurately and rapidly assessing which talent to retain is mission critical for legal employers right now. The NALP Foundation’s Associate Attrition May 21 webinar highlighted data from our newest study on associate departures and hiring for Calendar Year 2023, 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 demographic cohorts, 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 study also explores the timing on when associates obtained their firm positions (1L, 2L, 3L, or after graduation), virtual hires (i.e., associates who were hired into and started work in a virtual environment), partnership aspirations, and outplacement and career coaching prior to departures.
With your purchase, you will receive a link to the recording of the May 21 webinar along with a complimentary PDF copy of the annual Update on Associate Attrition (a $325 value!) report, a PDF copy of the webinar slides, and a sample spreadsheet for tracking associate attrition and hiring with forms and attrition rate formulas.
RECORDED WEBINAR | Update on Associate Attrition (CY23)
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