Millennials now make up the largest single generational group at big law firms, according to a report by the American Lawyer. While most millennial attorneys are still associates, it is only a matter of time before they become the majority of partners.
And millennials are likely to have a very different take than previous generations on what a partnership is and what they want out of their careers.
A recent Financial Times article noted that after a Cravath partner dies, the past and present Cravath partners form a procession at the funeral and chant: “The partner is dead. The firm lives.” As a millennial, it is hard to imagine this ritual, and the organizational loyalty that it celebrates, appealing to many of my peers.