Innovating Talent Management: Ch. 2 - Innovation Drivers: Why Are US Law Firms Innnovating?

Caren Ulrich Stacy, Kevin Colangelo, Lainey Miller, 2016.

Note: This item is an individual chapter from the book Innovating Talent Management. Once the PDF is purchased, you have two weeks from the date of purchase to download the PDF. If you have any questions, please contact info@nalp.org. You can find a link to purchase the full book below.

"Talent Management Innovation Drivers: Why Are US Law Firms Innovating?" (Chapter 2 from Innovating Talent Management), begins with the statement that the legal industry is evolving in the US, and that to keep pace with the change talent management practices must also evolve. It identifies the drivers for change in the US legal industry. It gives examples of US law firms that have embraced change and are at the forefront of the new normal transformation. It also analyzes the challenges and opportunities these changes present for talent management professionals in law firms — from supporting the development of new and different skill sets to recruitment, advancement, retention, and succession planning. The chapter also identifies a new role and responsibilities for talent management professionals in US firms and “hints of innovation” being led by these professionals in two key areas: sourcing and hiring lawyers with client-ready skills, and keeping and advancing the best lawyers.

Providing helpful tips, tools, and suggestions that support talent management professionals in their work as change agents and intrapreneurs, Innovating Talent Management acts as a resource for law firm leaders, legal department leaders, COOs, and CEOs as they consider their growth strategies and business priorities in the next decade. Law schools will also find this a helpful resource as they review, reshape, and relaunch their curricula to prepare graduates for the 21st century legal marketplace.

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