BigHand has announced the findings of its latest industry report uncovering an unprecedented level of employee volatility within law firms with increased lateral hiring, salaries rising fast, and a failure to meet employee hybrid-working expectations.
Top findings include:
- Half of respondents report that their firm has mandated the number of days they must be in the office – yet 49% of NA respondents and 35% of UK admit to not complying.
- 69% of NA and 52% of UK firms report increasing client pressure to resource matters with diversity in mind, yet less than one third (24% of NA and 27% of UK) law firms are prioritizing DEI when staffing matters.
- 71% of NA, 63% of UK firms have received pressure from clients to make sure legal work is completed by the most cost-effective resource.
With a total of 836 responses across senior leadership from firms in North America and the UK, the report provides extensive analysis of current resourcing trends at law firms and is a must-read for progressive legal professionals globally.
Please see full press release including a link to the report below, and on our website here.