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Despite their ascendency, Millennials continue to confound many business leaders. Often, their professional aspirations and motivations do not tally up with the status quo. A recent survey, found that only 30% of junior lawyers are interested in becoming partners in a law firms, a pathway which had previously defined or confirmed success for lawyers. While this may be cause for concern, the survey results should galvanise law firms into harnessing their Millennial talent to safe guard the partnership pathway as an appealing and culturally relevant opportunity.
Broadly speaking, Millennials possess five key characteristics:
While on the surface it appears that the partnership model and the Millennial are largely incompatible, there are a number of overlapping values that make Millennials great prospects for partner.
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