What does attorney burnout cost law firms?
The financial cost of attorney burnout is primarily felt through attrition. The ABA Journal and Embroker's 2024 Legal Risk Index estimate that replacing a single departing attorney costs between $200,000 and $500,000 when recruiting, lost billing, onboarding, and ramp time are accounted for. The NALP Foundation reported an overall associate attrition rate of 20% in [...]
