The turnover rate among attorneys at law firms has increased sharply in recent years. According to a study by the NALP Foundation in 2006, an astounding 78% of new associates leave their firms by the end of their 5th year (up from 60% in 2000). High attorney attrition imposes substantial direct and indirect costs on law firms. Therefore, to maintain profits and competitiveness, law firms need to address attorney retention issues.
JD Bliss has recently begun offering CLE-accredited attorney retention seminars to help law firms retain and motivate talented attorneys, and reduce the costs of high lawyer turnover.
Our initial offering is a one (1) hour, CLE-accredited presentation entitled: The Top 5 Attorney Retention Strategies. Structured to be delivered in either a "live" classroom setting at your firm's office, or as a web conference to multiple offices simultaneously, the course first highlights the key factors that are driving attorney attrition, including:
- lack of work life balance
- inflexible work schedules
- lack of adequate training and mentoring opportunities
- poor hiring practices
- poor management practices
The course then walks attendees through strategies to address these factors with initiatives in five key areas:
- Recruitment
- Work Life Balance Policies
- Career Development Programs
- Compensation
- Management Skills Training
The course is CLE-accredited in New York for 1 CLE credit hour in a live classroom or web conference (for multiple offices) for experienced attorneys in the Law Practice Management category. Accreditation is being sought in additional states.
Please contact us if your firm is interested in scheduling this presentation for one or more of its offices through either our online form or by email at [email protected] (put the phrase "attorney retention services" in the subject line).
Who Should Attend:
- Law firm partners involved with recruitment and compensation
- Non-lawyers involved in law firm management
- Attorneys with an interest in work life balance and career satisfaction
Course Outline
A. The Problem: Increasing Attorney Turnover at Law Firms
B. The Economic Impact on Law Firms of High Attorney Turnover
C. Which Attorneys Are Leaving?
D. Why Are These Attorneys Leaving?
E. The Top 5 Attorney Retention Strategies
F. Do These Strategies Work?
G. Online Resources
