Paper Title
THE WAR FOR TALENT: HUMAN CAPITAL CHALLENGES FOR LAW PROFESSIONAL SERVICESAbstract
The digest for time poor leaders and practitioners with an interest in human capital and organizational capability. This edition focuses on the challenges surrounding recruitment and retention of staff in the public sector.The rhetoric of the ‘war for talent’ is ubiquitous but to meet the current and future needs of the Government and the population, its ability to recruit and retain a highly-skilled and capable workforce is paramount. As such, the military analogy, if nothing else, conveys the importance of this human capital function.Professional service companies face explicit human capital challenges. This study reflects on the distinctive characteristics of skilled service companies through the ideas of data intensity, low capital intensity and professionalized manpower. Supported in-depth interviews with twenty one partners of law companies, empirical proof on the war for talent challenges faced by skilled service companies and specially, law firms. The findings purpose to talent management challenges together with name building and maintenance, worker autonomy, data acquisition, revenue and gain through group action, managing data across borders, managing worker quality, talent acquisition and retention, talent engagement, performance management and developing leadership capability. These challenges are vital problems to be thought-about by skilled service companies as they arrange to contend a lot of effectively in world business contexts.
KEYWORDS : Performance Management, Human Capital, Data Acquisition