When Good Attorneys Leave: What the Data Could Have Told You

When a partner or senior associate leaves, the cost to the firm is rarely calculated — but it should be. Between lost billable hours during the search, recruiting fees, onboarding time, and the client relationships that walk out the door, replacing a mid-level attorney can cost anywhere from half to twice their annual salary. The lost value is significantly more if they are a partner or there is a group departure. Multiply that across even two or three departures a year, depending on your firm size, and retention is suddenly a material financial issue. Read More at : https://oriellyroche.com/when-good-attorneys-leave-what-the-data-could-have-told-you/