Younger attorneys value work-life balance and career flexibility, with growing interest in in-house roles and alternative legal services.
The landscape of legal careers is shifting as younger attorneys, particularly those from millennial and Gen Z cohorts, show less interest in pursuing traditional law firm partnerships.
Unlike previous generations, where making partner was often seen as the pinnacle of a legal career, today’s young lawyers are increasingly prioritizing work-life balance, career flexibility, and personal fulfillment, according to the New York Law Journal.
Millennials are having a change of heart:
Fewer millennials hoped to make partners over the past seven years while they were at an earlier stage in their career, according to Ronald Wood, the managing director in the partner practice group at Major Lindsey & Africa.
But attitudes changed between 2021 and 2023, as millennials advanced in their careers, with nearly 45% of associates now being interested in making partner, Major Lindsey & Africa data shows.
“The surveys of millennials from 2017 to 2020 show that, at an earlier stage in their career, millennials might not have wanted to make partner as much. Now, at a later stage in their careers, a great number of them may want to,” Wood said. “That could be because they added responsibility to their lives and to their law practices.”
Gen Z are pursuing other career pathways:
Statistics show that fewer Gen Z associates want to make partner, although this could potentially be because they are younger and consequently have fewer responsibilities.
A growing number of Gen Z lawyers want to work in-house, in the government or at a non-profit than in Big Law. According to Wood, this is because Gen Z cares more about work-life balance, and less about making partnerships at Big Law.
The traditional path to partnership is becoming less appealing to young attorneys due to what many perceive as a "fuzzier" career trajectory. The clear, linear progression from associate to partner is being replaced by more varied and individualized career paths.
Young lawyers are increasingly drawn to in-house roles, where they can enjoy greater work-life balance and often, more predictable hours.
Moreover, the rise of alternative legal service providers (ALSPs) and legal tech startups presents additional career opportunities that did not exist for previous generations.
“I don’t think that’s because younger lawyers aren’t willing to make the number of billable hours; it’s more because that path is not as clear as maybe it used to be,” Katherine Loanzon, the managing director at Kinney Recruiting, told the New York Law Journal.
The shift in career priorities among young attorneys is also a key reason why fewer associates want to make partner. This is due to several factors:
Dual-income households becoming more and more common.
Young attorneys want more flexibility in their work schedules, including work-from-home policies.
A growing distrust of the institutions that older generations laid out for them, particularly in wake of the 2008 financial crisis and the pandemic.
Insufficient support and incentives in Big Law for associates to generate new business.
Finding true purpose in their work, by having a career that aligns with their values and gifts.
These changing priorities may cause lawyers to care less about the extra few thousand dollars, forcing law firms to rethink their retention strategies and explore new models of partnership that offer more flexibility and align better with the values of younger generations.
Sophia Contreras steps up as the new General Counsel of Nextdoor, taking over from John Orta, in a series of executive changes following the return of co-founder Nirav Tolia as CEO.
The 2024 Diversity Scorecard reveals steady improvements in minority, women, and LGBTQ+ representation within U.S. and U.K. law firms, highlighting significant gains and persistent challenges.
The outage caused by CrowdStrike's faulty update has prompted Congress to scrutinize the cybersecurity firm's dominance and its implications for national security.
Former OpenAI CEO set to join Microsoft’s advanced research team, days after controversially exiting the company.
Asking for a promotion is no easy task. You might be struggling to find the right moment, and you might be worried that you’ll come across as arrogant or self-serving. But if you’re looking to get ahead in your career, then you’re going to need to be able to ask for what you want. After all, not everybody wants to get to the top of their organization. You may well be eager to advance; but many people are happy remaining at the level they’re at, perhaps being unwilling to take on extra responsibility leading to more time in the office making difficult decisions. And that’s absolutely fine - everybody is different. The point is that it’s not necessarily going to be obvious to your company’s senior staff that you are looking for that promotion. So if you don’t communicate your ambitions, the powers that be won’t necessarily assume they exist. Okay – so you know that you need to ask. But how to do it? Let’s consider some ideas.
A look into the legal job market, and how COVID-19 has affected job prospects for individuals seeking work, based on data from The US Bureau of labor statistics, Indeed, LinkedIn, and the Legal.io Community.
Silicon Valley legal tech giant cuts staff amid tech market slowdown.
Legal Operations professionals discuss what changes have occurred in their legal department since implementing a remote work model.
The United Nations Security Council recently held a groundbreaking meeting to discuss the emerging reality of artificial intelligence (AI). The meeting highlighted the potential benefits and risks of integrating AI into our daily lives.