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31 July 2015 / Nigel Tomlinson
Issue: 7663 / Categories: Features , Training & education , Profession
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Time for a revamp

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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

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NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’

Safety fears do not automatically justify shutting an interested person out of a statutory will application

Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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