October 14, 2005
Fewer Attorneys Would Open Their Own Practice
A survey conducted for Robert Half Legal, a staffing service specializing in attorneys, paralegals and other legal professionals, disclosed that 93% of attorneys in private law firms would not open their own law firm even if they had the capital to do so. Surveyed attorneys cited the technology, administrative and management aspects as the obstacles they didn’t want to deal with. What is most interesting is that the results compare to 84% and 78% for the same question in 2002 and 1997 respectively.
The survey findings probably have more to do with Generation X than anything else.
Generation Y, the new associates entering your firm, may reverse the Robert Half trend. They are more entrepreneurial and more tech savvy. You will have to work even harder to keep these folks on your team. They want income. They want to be an equal among equals. They want challenge. They want more than a one dimension life.
Generation Y does not live by work alone.
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Filed under HR by Tom Collins