As predicted, the Great Resignation impacts almost all
industries and professions, and the legal sector is not
immune. Employers are increasingly suffering from the dreaded
'hiring headache' as they attempt to externally recruit
experienced and talented lawyers, particularly in regional areas.
To satisfy this skill shortage, law firms are increasingly turning
to growing their own talent and nurturing their junior lawyers into
the future leaders of their firms.
According to the Australian Financial Review, there are
approximately 8000 new law graduates each year in Australia.
Of these, about 60% secure positions within law firms.
Unfortunately, many of these talented graduates leave the law due
to dissatisfaction within their first three years of practice in
search of careers in other industries.