Stat(s) Of The Week: Is Moving Out The Only Way To Move Up?
Briefly

The 2024 In-House Survey Report indicates a significant wave of attrition in corporate law departments, with 70% of lawyers believing they must change employers to advance their careers.
A staggering 97% of in-house counsel report experiencing stress and burnout, and 81% acknowledged their departments lack essential staffing resources, raising concerns about job satisfaction.
With 58% of lawyers either actively seeking or open to new job opportunities, the legal field faces a severe risk of losing talent unless resourcing issues are addressed.
To retain in-house talent, the report emphasizes the need for companies to balance meeting their staff's career aspirations with managing persistent resourcing challenges.
Read at Above the Law
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