Draining the talent pool: how law firms can stop the loss of critical expertise
By Debbie Gray
There are many issues vying for the attention of law firm management these days: which firms will merge next (and should it be us?), where and how should we invest resources for strategic growth and, underlying that, how do we attract and retain the kind of talent needed to best support our future business objectives?
Having the right people in the right place is critical for the delivery of any strategic aspiration. Most firms today would say they fully understand this. And yet, in practice, they still cut themselves off from a major source of invaluable expertise: women. For despite the years of in-depth experience shared by a growing number of women in law, how many actually make it to leadership positions, either in the fee-earning or the business services populations?
This point has occupied a large swathe of the legal press lately with firms’ press teams battling it out as to who will promise the highest percentage of female leaders by 2020. This is no bad thing, but a better and more relevant statistic might be to measure not just how many ‘women’, but how many ‘mothers’ there are in leadership roles…
Click on the link below to read the rest of the Totum briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
Briefings from Totum
Totum conducted research into COO roles and structures among 30 law firms.
Totum’s Tim Skipper, Stephen Allen at DLA Piper and Mark Smith at LexisNexis discuss the major players in the global legal market and new service delivery models.