What are some of the most pressing issues for law firm leaders these days?

Several managing partners from large to small firms discussed Thursday a host of challenges in the legal industry, such as millennial demands, succession planning, real estate costs and how to handle lawyers who don't generate enough business.

The firm leaders included Daniel Connolly, who leads Bracewell's Manhattan office; Louis DiLorenzo, the managing member in New York City for Bond, Schoeneck & King; Ronald Shechtman, of Pryor Cashman; Marc Landis, of the roughly 70-lawyer firm Phillips Nizer; and Richard Scarola, of 12-lawyer Scarola Zubatov Schaffzin. They shared their opinions and experiences at a panel of the New York State Bar Association's annual meeting.