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Millennials Approaching Partnership: Now What?
Millennials, Gen Y, Generation Now, the Internet Generation. No matter how we refer to them, they continue to be a constant presence and concern in the legal industry. Since debuting in law firms nearly a decade ago, the latest generation of lawyers has raised more than a few eyebrows. Workplace flexibility, firm culture integration, meaningful training with takeaways and clearly defined billable hour goal options were not nearly as mainstream before the arrival of the Millennials.
Each year, law firms continue to invest in Millennial associates, knowing that they must wait several years for an actual return. However, as more Millennials continue to graduate from law school, more continue to advance as lawyers. Although legal professional development administrators continue to fight the good fight with respect to new associate development and integration, we must now, more than ever, pay closer attention to what happens AFTER they are past the initial stages of development and start focusing on the fact that Millennial lawyers are getting closer to partnership.
Many Millennial associates have responded well to checklists and roadmap-like developmental options. They find the brief, but valuable takeaways to be a solid resource for career navigation. Law firms have continued to accommodate their unique needs through enhancements of competency-based initiatives, performance reviews, mentorship/sponsorship, alternative billable hour tracks and bite-sized learning. While these tools are helpful, it is important to remember that the bells and whistles of developmental options cannot stop once an associate is crowned partner. While the number of Millennial partners is still small, the pitfalls they may face during their first year should not be taken lightly.
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