A growing concern within the legal profession is the depreciating state of mental health and the associated costs it incurs. According to a recent survey by Unmind, a company specializing in workplace mental health solutions, the impact is far from minimal. On average, large law firms are witnessing nearly a 10% loss which is equivalent to roughly $21.9 million in annual staffing costs, primarily attributed to poor employee wellbeing.
Weaving concerns of mental health into legal industry’s fabric not only underline the human behavioral aspects but also economically weigh down large law firms. It may seem, from these insightful data by Unmind, that law firms are required to reassess their approach towards employee mental health in order to maintain a healthy working environment as well as economically prosper.
The entirety of this survey’s findings and more information on the topic can be found in a detailed article at Law.com.