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Revealed: the reasons why UK associates join US firms - and it's not just for money

Vintage! [Sigh] When will lawyers wake up and realise that employee engagement is not soley about remuneration. A quick lesson. Countless surveys have found that 1) Recognition; 2) Alignment with the organisation's mission and values; and 3) Communication (to and from the individual) are the key motivators. Money, therefore, is only part of recognition. This is why lawyers are often so keen to know what their peers are earning and often move jobs simply to be paid the market rate or - for the more career minded and competitive ones - to get ahead of the market rate. But this is only part of recognition and the will to be recognised the same as - or above - their peers. Therefore, if a law firm thinks it can outwit its oppenents by simply paying more rather than improving the other apsects of lawyer engagement then they are likely to fail. Accordingly US law firms are probably offering more than just better salaries. This is born out by the female response in the survey (and additional questions on the 23% who opted for money as a prime motivator would probably reveal how money was a key motivator).

10-Apr-2012

5:25 pm