What It Costs When Talent Walks Out the Door

In a recent article published in The American Lawyer​, What It Costs When Talent Walks Out the Door, author, Paola Cecchi-Dimeglio, goes on to explain her years of findings when it comes to the best practices for attracting, retaining and promoting women leaders at elite firms. Some findings include: • It costs more money to replace your stars than you probably think.

• To replace top female talent, it takes months longer and costs more (as a percentage of salary) than it does to woo top male talent.

• Keeping star lawyers, especially female stars, satisfied at your firm should be a business priority, given the colossal cost of replacing them and the accompanying disruption to business performance. Yet for too many firms, it's not.

To continue reading:  https://www.americanlawyer.com/id=1202777519806/What-It-Costs-When-Talent-Walks-Out-the-Door