The great resignation: how IP law firms are meeting the challenge Rising inflation, a tight job market and disruption caused by the pandemic have sparked a rush for the exits in recent years as professionals have sought greener pastures at other companies or in
alternate career paths.
Dubbed “The great resignation,” this trend has not spared intellectual property (IP) law firms as attorneys and support staff seek better work/life balance, a positive work culture and higher pay. This is driving up attrition – especially among junior staff.
The great resignation is forcing firms to reexamine how they allocate resources and stay competitive in the talent marketplace, while balancing employees’ desires with the needs of the firm and its clients.
Here we share insights and learnings from two experts based on their experiences advising law firms.