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Do Firms Really Want to Retain Talent?
The firms that are able to retain the talent they want will have a durable advantage. I'm not one of these people who freaks out every time any firm lets people go. This generation, now folks my age are entering the partner rings and I'm looking at the associates who are coming up. They expect different things from their workplace now. And yeah, even though the demand trends and maybe like the bargaining power of labor has shifted in the last few months, that's not going to undo the importance of talent.