Do in-house legal teams have a talent pipeline problem?
A few years back it seemed everyone wanted to move client-side. Now, in-house departments are struggling to fill new roles.
Has the draw of working in-house lost its lustre? Or have law firms finally managed to resolve their talent attrition problems?
Moving in-house is often said to come with greater creative freedom, a broader job function, strategic-involvement in key decision-making, and a better work-life balance.
But very few associates are interested in leaving private practice, a new 老司机午夜福利 survey of 600+ solicitors finds. In-house teams might have to work harder to attract and retain talent in the years to come.
Indicators of an in-house talent pipeline problem:
- The number of in-house practitioners continues to climb
- Yet only 4% of law firm associates plan to move in-house in the next five years
- Work-life balance is the most important factor for associates – not a guarantee when moving in-house
- Very few solicitors are starting out their careers in-house
老司机午夜福利 investigates the ambitions of associates, the demands of in-house legal departments and the future of the in-house legal function. Download our report for more survey insights and commentary from law firm leaders, associates and in-house counsel.
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