One employee retention strategy for law firms to consider: Kill the billable hour!

Any law firm looking for innovative, ‘out-of-the-box’ ways to retain their lawyers during this period now known as The Great Resignation could do a lot worse than take onboard a Faegre Drinker Biddle & Reath midlevel associate’s comments on the billable hour in the recently published American Lawyer’s 2022 Midlevel Associate Survey:

The billable hour is a cancer that will slowly eat away at you if you don’t get away from it quickly enough.

abovethelaw.com

Just a thought…

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