header-logo header-logo

31 July 2015 / Nigel Tomlinson
Issue: 7663 / Categories: Features , Training & education , Profession
printer mail-detail

Time for a revamp

nlj_7663_tomlinson

Nigel Tomlinson explains why law firms need to rewrite their professional development & training programmes

Last October the Law Society conducted a career satisfaction survey of 344 of its members entitled Rethinking legal career development: How to enhance returns on talent. Some of the results were quite amazing and the following are quotes from the report:

“A lack of engagement with the strategic direction of the firm is a key driver of employee departure with only 48% agreeing with the company’s strategic direction and 56% feeling well informed about what is happening in the wider organisation in the 25-34 year old group compared to 67% and 77% respectively for the over 55 group.”

“Millennial mobility is an emerging risk for employers with 35% of 25-34 year olds saying they are likely to move on within the next 12 months.”

“Performance management is ineffective in one-third of organisations with only 48% of employees confident they are getting the training and feedback they need to develop effectively.”

“80% of respondents report being

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Signature Litigation—Catherine Naylor

Signature Litigation—Catherine Naylor

International fraud and asset recovery offering boosted by partner hire

Stevens & Bolton—Alexa Payet

Stevens & Bolton—Alexa Payet

Private wealth disputes team adds contentious probate specialist

Morgan Lewis—Paul Feldberg

Morgan Lewis—Paul Feldberg

Firm strengthens investigations and sanctions capabilities with London partner hire

NEWS
Cheshire West, which established an ‘acid test’ for deprivation of liberty safeguards, has been overturned by the Supreme Court
The Chancery Division and other segments of the High Court are to be replaced by a new Business and Property Division (BPD), in a major civil justice shakeup
Law firms that hold client money will need to file annual accountants’ reports and make a declaration, the Solicitors Regulation Authority (SRA) confirmed this week
Two district judges and a tribunal judge have been sanctioned for delays in delivering judgments and orders
Private equity (PE) investment into UK law firms halved to £250m last year, but deal volume rose, according to research by Acquira Professional Services’ Momentum private equity market tracker
back-to-top-scroll