07 Mar “Millennials and the Practice of Law” by Margot Alicks Published by Law Week Colorado
Millennials and the Practice of Law by Margot Alicks published by Law Week Colorado in the February 4, 2019 issue.
The article, “Millennials and the Practice of Law: A Changing Dynamic,” looks at the various ways in which Millennial leadership is starting to change the traditional entrenched, hierarchical structure of law firms.
Headlines are filled with the impact millennials are having on the status quo. Said to be changing the way of the workplace, we are typically characterized as being less “pushy” than previous generations while holding stronger convictions.
Millennials are now set to define a new generation of business leadership, moving through our thirties and assuming senior positions. The legal industry — known for its aversion to change and its 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 in the law now outnumber baby boomers and Gen Xers, accounting for 43 percent of attorneys. A recent survey by Cushman & Wakefield found that by 2025, over 50 percent of practicing attorneys in the U.S. will be millennials. Boomers and Xers are retiring, and with them is going the traditional, strictly hierarchical law firm structure.
The article was previously published in ColoradoBiz magazine in 2018.
To see an abridged version of this article in Law Week Colorado’s online edition, please click here.
To read the article in full, please click here.