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Legal Speak is a weekly podcast that makes sense of what's happening in the legal industry. Each episode tackles a subject that's worthy of a deep dive—from law firm profit hacks to Supreme Court showdowns to the most promising plays in legal tech. Hosted by Senior Litigation Reporter of the Daily Report Cedra Mayfield and Senior Staff Writer for the American Lawyer Patrick Smith, Legal Speak offers straight talk from experts, plus an inside-the-newsroom perspective on market-shaping stories.

Jul 16, 2021

This week's episode features a conversation with Caren Ulrich Stacy, founder and CEO of Diversity Lab, about the associate salary war’s impact on law firm diversity and young lawyer retention. Stacy explains why firms that don’t strain themselves to keep up with the competition on associate comp may actually have a leg up in attracting and keeping young talent—and particularly diverse young talent.