Are you struggling to recruit the right lawyers and grow sustainably? We can help.
We’ve published the results of our latest research, along with our recommendations for law firms, in our Annual Report 2024/25: Attracting, retaining and engaging talent in 2025 and beyond.
Key findings:
- In 2024, the legal jobs market has contracted even further, marking the fourth consecutive year of market shrinkage.
- The key triggers for those who left their firms for another opportunity were unhappiness/disengagement (52%), pay (37%) and flexibility (19%).
- The average salary increase for those who moved roles last year was 10% (versus 5% for those who stayed put)
- 60% of law firms say they believe their culture is a key employer USP, something that is very hard to evidence to prospective employees
- 67% of law firms identified keeping up with the cost of living/salaries while maintaining profitability and losing talent to competitors as key challenges for the next 12 months.
Read the report to:
- Understand the recruitment and retention factors that drive law firm growth and decline
- Compare your growth and talent strategies with those of your competitors
- Evaluate whether your Employer Value Proposition (EVP) currently matches what lawyers are looking for from their employer and what makes them happy at work, helping you to identify concerns related to retention and recruitment
- Achieve sustainable and profitable growth in 2025 and beyond
Download the report to find out more.