December 15, 2016
Recent data shows that millennials will be 75% of the workforce by 2025. As more millennials join legal departments, their preferred way of working will undoubtedly disrupt the status quo. Managing and working with millennials requires senior legal department leaders to understand the perceptions of corporate counsel millennials – and how to make the most of them. The recent survey, The Generational Shift in Legal Departments, asked baby boomers and Gen Xers their feelings as this new generation joins the ranks of in-house counsel. Corporate counsel’s top perceptions of millennial attorneys are that they:
- Bring technology advancements into the legal department faster than other generations (74 percent),
- Want to be involved in decision-making processes of the legal department (70 percent),
- Anticipate being promoted quickly within the legal department (63 percent),
- Value work/life balance more than other generations (63 percent), and
- Prefer to work for organizations that align with their values and morals (59 percent).
With these perceptions of millennials in mind, three areas stand out where senior legal department leaders can focus in order to attract and retain millennials: technology, decision making, and mentoring and work/life balance.