Law firms run on people — associates, paralegals, support staff. Most firms have no dedicated HR function. Attrition is expensive. Bad hires are more expensive. Unstructured employment terms can become legal exposure.
Indian law-firm compensation rose 12–20% year on year through FY 2024–25 (Vahura). Replacing a senior associate costs 6–9 months of revenue-equivalent when partner time, lost billables and ramp are counted. A modest HR investment pays for itself on the first retained associate.