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Firms are growing their associate ranks by 2.7% per year as the market normalizes post-pandemic, with about 10,000 new associates added to NLJ 500 firms since 2018, the National Law Journal reported. With the costs of recruiting, onboarding and training a new associate estimated at approximately $400,000, that group of new associates could reflect approximately $4 billion in training and recruiting costs across the top 500 firms. 💵😲 AltaClaro works with law firms' internal professional development teams to reduce the time and cost of training new associates. Our team can assess your current training spend-per-associate and discuss ways to reduce this number. https://hubs.ly/Q02DJ3TN0

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