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The circle of life dictates that one day Millennials will be calling the shots at law firms, but whether or not they change the system or the system changes them is a question that remains open to interpretation. Still, like it or not the Millennial demographic may already be shifting the way that law firms earn revenue and even interact with clients on a day-to-day basis.

A lot of that movement can be chalked up to law firms facing a stiffer competition for talent thanks to the maturation of corporate legal departments and the rise of the legal operations professional. Jarno Vanto, a partner at Crowell & Moring, indicated that as legal departments continue to grow their ranks, in-house roles may hold particular appeal towards Millennial applicants that may have previously gravitated towards law firms.

“[Millennials] want more work/life balance, and that’s perhaps more attainable in the in-house legal department than it is in a law firm that’s still being driven by the billable hour rather than the kind of work product. You are going to be paid regardless of how many hours you bill in an in-house legal department,” Vanto said.

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Frank Ready

Frank Ready is a reporter on the tech desk at ALM Media. He can be reached at [email protected]

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