This week on The DayBreak Blog, we’re sharing some news based on what we are seeing in the current marketplace.
There has been a big momentum shift of late where Big Law firms are trying to make a push for attorneys to come back into the office. There are a few reasons why, and they generally come with good reason. Training complications, struggles with building company culture, or even a firm trying to get the most bang for their buck due to their office lease obligations, all of these issues present a reason for Big Law firms to try to get associates back into the office.
Returning to the office mandates are becoming standard in the industry these days, with 4 days in becoming more popular as of late. Associates who don’t follow the mandate risk having bonuses docked or potentially being laid off. One firm is even taking it a step further by making bonus eligibility tied to in-office attendance. Osborne Clarke, an international firm with nearly 1,000 attorneys, is now requiring attorneys to be in the office 3 days per week to qualify for a bonus.
What we are seeing is a clear shift in the law firm industry, where at first firms went fully remote due to the pandemic. Then, there was a transition towards a hybrid model, and now a bigger push to be in the office more than not. Now that a major Big Law firm has tied in-office attendance to bonus eligibility, will we see more Big Law firms follow their initiative? Time will tell.
For more details and to read the full article from AboveTheLaw.com, click the link below!