How Law Firms Looked for an Edge in 2021's Talent Wars | The American Lawyer - The American Lawyer

What You Need to Know

• Compensation costs have grown as firms use monetary incentives to attract and retain talent.
• Some firms have offered other perks, like training and flexible work, in lieu of or in addition to bonuses and raises.
• Experts say the war for talent will continue at this pace into the beginning of 2022.

Outside of COVID-19 and the effects it has had on the world and office returns, the most consistent through line of the year has been the frantic war for talent in Big Law. While money was a major lever, firms tried or considered all sorts of other things to give them an edge.

Their tactics ranged from offering free training at Ivy-League schools to removing associate biography pages from their websites. Here are some of the highlights.

Money, Money, Money

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source: https://www.law.com/americanlawyer/2021/12/23/how-law-firms-looked-for-an-edge-in-2021s-talent-wars/

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