CareerJournal explores the ongoing issue of associate retention. Citing last year’s NALP study which found that 37% of associates are gone after three years in practice, the article questions whether this is a sound business result for law firms (after all, associates don’t really become profitable until after their third year in practice.)
No particular solutions are offered; but better management practices seems to be the recommendation. Should firms blame recruiters for causing the attrition? Not according to David Maister, the management guru cited in the article.