Each year at Realm, we carry out in-depth research to better understand the state of the market so that we can effectively advise the law firms we work with.
We are pleased to announce the publication of the results of our 2021 research along with our recommendations for law firms in a new report: The Great Talent Shortage: Adapting Your Attraction and Retention Strategies for 2022.
Some of our key findings:
Only 20% of lawyers are actively looking for a new role
83% of lawyers said that flexible working would be important to them if they were to look for a new job
41% of lawyers say getting a pay rise in their next role is very important to them
Almost half of lawyers do not believe they are paid fairly
As featured in:
The Business Desk - Job security confidence returns to North West legal sector | TheBusinessDesk.com
Law Gazette - Flexible working is now the most important consideration for lawyers looking to move | Law Gazette Jobs
Legal Cheek - Flexibility trumps pay as lawyers top priority, research shows - Legal Cheek
City A.M.- Flexible working more important to lawyers than salaries, report finds (cityam.com)
Above the Law - Biglaw’s Choices In The War For Talent: More Flexibility Or More Money | Above the Law
Today's Wills & Probate - Flexibility overtakes pay as top priority for practitioners | Today's Wills and Probate (todayswillsandprobate.co.uk)
Today's Conveyancer - Flexibility overtakes pay as top priority for practitioners | Today's Conveyancer (todaysconveyancer.co.uk)
To learn more or to have a conversation with one of our specialists about how you can improve your attraction and retention strategies, feel free to get in touch on 03300 245 606 or email email@example.com.
So, what does this mean for your talent attraction and retention strategies?
Realm is hosting a free webinar on Thursday 9th December at 12pm, in which our director Duane Cormell will be providing a thorough exploration of the results and sharing his insight into how firms can stand out as an employer, attract the very best talent the market has to offer, and retain the team members helping to drive their firm forward. Secure your place here.