Stress is a major concern in almost every industry in the world. The risks of exhaustion, burnout and chronic anxiety exists in almost every profession, being addressed by the World Health Organization as a large-scale problem. Lawyers face the same levels of stress as engineers, marketing managers and web designers. The main difference, lawyers also bear with moral burdens. The constant pressure of dealing with complex cases or dead-end litigation causes depression and mental instability within the legal sector.
Compulsive gambling is one of the more stigmatized mental health issues in the legal profession. Gambling addiction is known as a “process disorder.” Gambling stimulates the brain's reward system much like drugs or alcohol can leading to addiction. Left unchecked it will lead to devastating results to legal careers, personal lives and families.
A study from Johns Hopkins University that looked at the prevalence of major depression in 104 different occupations found that lawyers were 3.6 times more likely to experience depression than those in other professions. Long hours and late nights are the norm for many lawyers. If you fail to properly take care of yourself, physical and emotional exhaustion can quickly and negatively affect your personal and professional life.
In mergers, the absorbing firm decides who stays and who goes, all based on overall performance, billable hours and an excruciating interview. In most cases, they will keep most of their juniors based on loyalty and experience, but in the event of a complete closure of the firm, it becomes a fire sale of talent and everyone must go.
Retention for many organizations starts with strong leadership and management that is dedicated to fostering a favorable workplace culture. This can certainly be challenging in the law firm setting, which is busy, stressful, chaotic at times and full of big personalities. Creating a culture that recognizes and rewards great talent is one of the best ways to retain talented staff.
The life of an attorney is often accompanied by pressure and stress. People in the legal field struggle significantly more than other professionals with alcohol and drug abuse as well as mental health issues.
Most attorneys have a website, but many are not aware of the power of a well-planned and marketed website. With a few tweaks and additions, you can have a site that not only acts an online presence for your firm, but also acts as an active marketing tool.
There are many things Law Firms can do to build a positive environment and cultivate resilience. The overall goal is to remove obstacles and to build a structural support system that enables growth and pathways to success. This effort to cultivate resilience can start from the very first day a lawyer starts working at your firm and proceed throughout his/her career.
It is important to understand that when a client contacts you, you have the potential to lose them as much as you have to win them over. The immediate interaction between you and the potential client can make all the difference. What can you do to reduce the likelihood that clients will slip through your fingers?
Time is the most valuable asset you have. Successful attorneys know that they need to prioritize their time with important tasks and delegate the rest. Virtual assistants can handle tasks you don’t want to do but need to, while saving time and money. A virtual assistant or VA can help with specific office tasks that one can complete via the Internet. The tasks can range from bookkeeping a few times a month to handling duties in the capacity of a part-time remote employee.