Australian firms see recruitment as top weak spot

Australian lawyers see themselves as the second most competitive in the world, behind Europe, but highlight failure to attract and keep the best staff as their main fragility.

17 September 2014

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A survey of 132 senior legal fee-earners by Thomson Reuters found that this point was cited by 44 per cent, followed by lack of time (43 per cent), lack of money (37 per cent) and a lack of necessary knowledge across the practice (36 per cent). James Boocock, general manager of legal solutions at Thomson Reuters, said: ‘The importance of getting [IT] right can’t be over-emphasised… With the right systems in place - for example, sophisticated practice management or workflow solution - huge time and cost savings can be made, freeing up important man hours to spend on a business, not in a business.’ Source: Australian Lawyer