The US Legal industry is in a fight to attract the next generation of lawyers. How can it adapt to make itself more attractive to younger talent?
According to Gallup, companies that have a highly engaged workforce outperform peer organizations by 147% in earning’s share.
Using the words ‘tech’ and ‘office’ in a sentence conjures up a lot of familiar images. Elaborate coffee machines, bean bags and plenty of perks.
The pharmaceuticals and life sciences industry continues to undergo massive change. The consumerization of healthcare, increased competition to the United States’ supremacy, skills shortages and digital disruption are all having an impact.
According to the U.S Bureau of Labor Statistics, $60bn is spent every year on pharmaceutical research and development. Meanwhile, the costs for developing new drugs have drastically increased over the last decades, from under $200m in the 1970s to over $2.6bn today. Fueling this boom has been a lot of bright minds. And the industry needs more.
Attracting and retaining Science, Engineering, Technology and Math (STEM) talent remains one of the most pressing challenges within the US pharmaceutical industry.
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