Members of the millennial generation make up the largest proportion of the legal profession, and more are becoming partners and moving into leadership roles at their firms. What impact are they having on firm policies and attitudes?
As part of Above the Law’s long-running study with Major, Lindsey & Africa, we recently surveyed more than 1,000 attorneys to better understand the priorities and perspectives of the millennial generation. The results of our 2023 survey are now available in this free report.
Among the key findings:
- 45% of respondents want to become partners at their current firm—a significant increase over the 24% who reported the same in 2021.
- Compensation and work/life balance remain the most important factors for respondents evaluating potential employers.
- More than half of respondents said they would trade a portion of their compensation for more time off.
- A majority of associates and more than 40% of partners believe that the millennial generation is transforming law firm policies and culture for the better, and that current law firm leadership has outstayed its effectiveness.
- Certain results—particularly with respect to access to meaningful work and perceptions of bias—underscore critical differences based on generation, position, gender, and race.
For more insights, download your copy today.