Legal Staffing Trends: How Small Firms Can Lead the Market
February 2, 2022
Where innovation is concerned, it’s rarely large, unwieldy institutions that lead the charge. In tech, for instance, start-ups drive new ideas while behemoths in the field rely on vast cash reserves to buy out innovation when it grows hot. Think Amazon snapping up Zappos in 2009, or Facebook purchasing Instagram in 2012. In the world of media, the same is true. Condé Nast bought Reddit in 2006. Axel Spring snagged Politico last year. In law, however, this doesn’t happen…and small firms ultimately pay the price. Nowhere is this more evident than where legal staffing is concerned.
Employee Loyalty Strategies to Retain Top Talent Fast
January 26, 2022
In April 2021, nearly 4 million Americans quit their jobs, breaking a 20-year record. At the time, this raised eyebrows…but not yet alarms. Employee loyalty had remained steady throughout the pandemic, and few experts—if any—expected what would follow. In May, a further 3.63 million said adios, followed by 3.87 million in June, more than 4 million in July, 4.27 million in August, and 4.63 million in September. By Halloween, employers were in a panic, desperate to figure out how to stop the bleed. As you probably already know, they failed and—all said and done—nearly 40 million workers gave their notice in 2021. Naturally, everyone is asking if 2022 will be any different.
Leadership Retreat Planning: Five Steps to Boost Success
January 19, 2022
January is the month of Janus, the Roman god of new beginnings, gates, and transitions. If there were ever a month to plan a leadership retreat aimed at refreshing your firm, then, this is it. Executive team building retreats are like nitrous oxide for an engine: a power boost if used properly, and a liability if not. Ensure yours is the former instead of the latter by taking the following five steps.
Work-Life Balance Tips for Legal Professionals Today
December 9, 2021
If you’re a parent and have ever hosted a sleepover, you’re familiar with the childish competition to see who can stay up the latest. And if you were ever a teenager, you know about the myriad of dumb challenges teenagers use to size each other up. As adults, you’d think we’d have grown out of such juvenile behavior, and yet the number of professionals who measure their worth—and that of others—based on how busy they are says otherwise. But here’s the thing: being “too busy” is neither respectable, nor healthy. Work life balance, on the other hand, is both—and top talent knows this.
Employee Engagement Strategies to Retain Talent
November 24, 2021
The Greek philosopher Heraclitus famously stated that the only constant in life is change. This applies as much to the world of business as to anything else and one of the main changes businesses owners face is an evolution in the fundamental concepts that keep their enterprise ticking. Communication does not mean the same thing it did thirty years ago. Hiring today has nothing to do with bygone times when a person stayed with a company for life. Productivity is in flux as individual cultures grapple with new global norms. The most recent change of this sort involves employee engagement, which in the wake of the Covid-19 pandemic does not mean what it used to.
Law Firm Bonuses That Boost Morale Without Big Costs
November 9, 2021
You’ve read the news and you know workers are quitting their jobs in droves. The so-called “Great Resignation” is upon us, and it’s making employers’ jobs difficult at a time when life isn’t exactly easy. Law firms, with their culture of long hours and high stress, have been hit especially hard, which is why Big Law is responding with a tried and true strategy: money.
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