The new number one priority for millennial avocados and more: the morning minute
YOUNG SILVER – While previous generations of lawyers were driven by a singular focus on the almighty dollar, millennials have realigned their priorities. Indeed, the things they value can’t be bought with money – things like the quality of life and the ability to do a fulfilling job… wait, what is it? Respondents to the 2021 Millennium Survey conducted by Major, Lindsey & Africa and Above the Law said the most important factor in evaluating a potential employer is compensation? No worries then! As Law.com’s Patrick Smith reports, young lawyers still worry about things like work-life balance, which has been high on their priority list in recent years, but right now they’re just trying. to be paid. Ru Bhatt, associate practice group partner at Major, Lindsey & Africa, told Smith that he interprets this change as being in part due to the aging of the millennial generation in higher positions, as well as the admission that a good work-life balance in large companies may never be possible. “As you know, there has been a lot of progress in the compensation war, and the associates are very appreciative of that,” Bhatt said. “I think what’s really interesting is that with the flow of transactions and the intensity of activities, associates understand that work-life balance is not something they can achieve in a service industry. “
THE STRENGTH WHAT TO COUNT ON – Among several other dubious distinctions, 2020 was the year that many people who are not contract lawyers learned what “force majeure” means. The pandemic sparked a wave of contract cancellations and subsequent battles over whether the COVID-19 outbreak was such an event. But as we explore in this week’s Law.com Litigation Trendspotter column, much of the litigation filed on this issue appears to be settled, as few parties have the courage to face intimidating delays in court or the uncertainty of jury trials. Texas, however, has undergone not one but two major disruptions in the past year that sparked heated debates over force majeure: COVID-19 and Winter Storm Uri, which shut down the Texas energy grid in February. . The latter, in particular, has sparked an avalanche of contract litigation unlike what even seasoned state lawyers say they have seen. And, unlike COVID suits, most of these winter storm cases are unlikely to end properly in the near future.