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There's an old standby that younger lawyers don't work as hard as those who came through the ranks before them, said law firm management consultant Tim Corcoran. Calling this view a "false read," Corcoran said young lawyers are calling into question their long-term goals, personally and professionally, as they observe those that have risen through the law firm hierarchy before them. "They see lawyers who bill a ton of hours and had two divorces…or they made a ton of money but they died young or they never made partner," Corcoran added. "They're saying, maybe there is a different path. They're saying they could work at an Am Law 200 firm, instead of an Am Law 20 firm. Or they have no desire to be a partner."
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December 12, 2023, 12:38 PM