Stress And The Firm 2018-03-21T13:51:35-05:00

The “Stress Epidemic”: Why You Should Care

Do Any of These Statements Ring True for your Firm?

  • Employee absenteeism continually exceeds acceptable rates
  • Employee turnover continually exceeds acceptable rates
  • Employees are pigeonholed, with no consideration of skill sets
  • Make-up of your management team remains constant despite employee turnover
  • Make-up of your management team remains constant despite employee absenteeism
  • Your firm lacks a strategy to address the problem of employee stress

As competition in the legal industry continues to increase, demands put upon associates and administrative staff continue to rise.  As demands rise, employee stress, and stress-related illness rise.  Although the legal industry is beginning to grapple with this problem, most law firms are not.  Many law firms fail to manage employee stress and lack an understanding of stress’s effects on the organization.  A culture of stress leads to decreases in employee engagement and productivity and increases in employee absenteeism and turnover.

The impacts of unchecked employee stress include

  • Loss of Clients
  • Loss of Revenue
  • Decrease in Employee Engagement
  • Decrease in Employee Productivity
  • Increase in Employee Absenteeism
  • Increase in Employee Turnover
  • Inability to Hire and Retain the Best Candidates