Smart, hard-working but forward-thinking Millennials are changing the culture of law.
Headlines are filled with the impact Millennials are having on the status quo. Said to be changing the way of the workplace, they are typically characterized as less “pushy” than previous generations while holding stronger convictions.
Millennials are now set to define a new generation of business leadership, moving through their 30s and assuming senior positions. The legal industry – known for its aversion to change and tendency to cling to tradition (after all, lawyers were among the first to move from Word Perfect to Word) — is not exempt from this leadership transformation. This should be unsurprising where Millennials practicing aw now outnumber Baby Boomers and Gen Xers – accounting for 43 percent of attorneys. A recent survey by Cushman & Wakefield found that, by 2025, more than 50 percent of practicing attorneys in the U.S. will be Millennials. Boomers and Gen Xers are retiring and with them is going the traditional, strictly hierarchical law firm structure.