Taxation & Estate Planning

Retaining The ‘Lost Generation’

By Michael D. Bonasera, Esq.

The “Lost Generation” are those associates in large firms who are running for their lives in alarming, and growing, numbers. Why they leave is an easy question to answer: They’re given mostly drudge work, they face unceasing pressure to produce and they’re kept in the dark about firm finances and the broader strategies behind the matters they handle.

Former General Electric general counsel Ben Heineman Jr. and Harvard University law professor David Wilkins write in this article in Corporate Counsel Magazine that it doesn’t have to be this way (duh) and offer some interesting suggestions to help stem the tide:

As an associate struggling with those same hardships myself, I can say the last one is by far the most important. And a little communication, if consistent in both content and frequency, goes a long way. A long way.

Full post as published by The Ohio Trust & Estate Blog on March 16, 2008 (boomark / email).