Improving Talent Retention with Career Growth and Development

Improving Talent Retention with Career Growth and Development

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
RM Insights Webinar Series

Introducing our Insights to Action webinar series!

Explore how to apply these insights effectively by joining our experts in a 3-part webinar series centered on BigHand's latest market research, "Retaining Clients, Profit, and Lawyers with Proactive Talent Management."

Register now to access valuable tips and strategies for optimizing work allocation, leveraging data and technology to enhance profitability, and much more!