Too much turnover at a law firm can be detrimental in the long term. Worker attrition and disengagement cost median S&P 500 companies about $282 million annually, senior partner Aaron De Smet and colleagues note (McKinsey, 2023). The solution begins with a modernized approach to legal recruiting. BigLaw recruiting is long overdue for a shift in focus from transactional relationships to more meaningful ones instead.
At Talent Engines, we are revolutionizing legal recruiting with an AI powered Talent Acquisition Platform (TAP) aimed at creating lasting business relationships between associates and law firms. Talent Engines’ takes into account both a candidate’s skill set in conjunction with their personality and values when matching them with a firm. Placing an emphasis on relationships during the recruitment process leads to a better work culture and more engaged employees, thus lower retention rates and money saved.
Source(s): McKinsey, 2023