Thursday, November 4, 2021
ABA Journal, Some California Law Firms Turn Down Work Amid Associate Shortage; Six-figure Signing Bonuses Reported:
A shortage of associates in California’s Bay Area is leading some law firms to turn down work and others to strain available lawyers with the workload, according to a report by the Recorder.
Some firms continue to take on work because they want to preserve client relationships Some, however, think they have no choice other than to turn down opportunities, according to the article.
The Recorder, Calif. Firms Risk Losing Out on Revenue and Client Relationships Amid the Talent Shortage:
“There is an associate war all over, but nowhere like here,” one recruiter said, about the West Coast. ...
Nearly all firms are turning down work, accelerating a gap between the most profitable firms and the rest.