Why Culture Fit is Essential in Law Firms
Lateral Associate Turnover – Expensive
April 26, 2023Get to know the Founder – Michael Connolly
April 26, 2023Recruiting the right talent for your law firm requires that a candidate be examined beyond their knowledge, skills, and experience. In order to succeed in a firm, one of the most critical factors in the hiring process that is often overlooked is culture fit.
LawCareer was founded on the idea that life is relational and was designed to help law firms address this often-overlooked factor in the hiring process.
Lateral Hiring Today:
According to Harrison Barnes from BCG, “until the early 1980s, it was very uncommon for attorneys to ever lateral out of a law firm once they joined them.” However, today, lateral hiring has grown exponentially. According to NALP, lateral hiring was up 111% compared to 2020, the largest year-over-year increase in the 23 years in which NALP has been tracking these data.
The Definition of Culture Fit:
Cultural fit means fitting into an environment because it sits in accordance with your own values. From the other side, if a law firm hires employees with the same values, everyone’s on the same page, believes in how the firm operates, the direction it’s headed, and leads to higher retention.
Why Culture Fit is Important:
The result of poor culture fit due to turnover can cost an organization between 50-60% of the person’s annual salary, according to the Society for Human Resource Management (SHRM).
How LawCareer Accounts for Culture Fit:
LawCareer is powered by a powerful proprietary AI engine that identifies “right fit” candidates. Beyond resume screening, and accounting for traditional factors such as years of experience, LawCareer delivers candidates with behavioral profiles, job fit assessments, and hiring firm relational queries!
If you’d like to learn more about LawCareer contact me at mic@lawcareer.ai. I’d be happy to answer your questions and show you how LawCareer can help you!
