CEO Terrie Campbell’s address will focus on importance of multigenerational approach for law firm growth
Atlanta, GA, October 10, 2017 – Esquire Deposition Solutions, LLC (www.esquiresolutions.com), the nation’s leading provider of court reporting, video, and interpreting services, today announced that Terrie Campbell, Esquire’s CEO, will be speaking on the advantage of adopting a multigenerational approach to law firm growth at the 33rd Annual International Practice Management Association (IPMA) Conference & Expo, taking place Wednesday, October 11 through Friday, October 13, 2017, in New Orleans.
The IPMA Annual Conference & Expo consists of three full days of educational programming, peer networking, and one-on-one discussions with industry business partners and is regarded as the industry’s leading event for practice support management professionals. Campbell will share what she has discovered over her years of studying generational workforce behaviors in a keynote address titled, “Multi-Generational Approach to Drive Firm Growth.”
“Millennials make up 30 percent of the legal workforce, and that number is going to jump as more millennials join the workforce in general,” said Terrie Campbell, Esquire’s CEO. “Paralegals are in the unique situation of working with every level at the firm, which means four different generations. Understanding the unique workstyles of each, but especially millennials who are growing in number and are positioned to shape the future of the firm, is vital to success.”
There is a disparity between the ages of firm leaders and their clients. According to a recent study in American Lawyer, almost 20 percent of Fortune 100 and 30 percent of Nasdaq general counsel are Gen X members (the generation between Baby Boomers and millennials), compared with fewer than five percent of Am Law firm leaders.
“There is a lot of wisdom and intellectual knowledge within today’s law firms, but many partners are nearing retirement so growth and succession planning is certainly top of mind,” continued Campbell. “Firms that collaborate across generations, and especially firms that include millennials in their plans, will have the greatest advantage for a strong, healthy runway for the future.”
Campbell is a researcher, speaker, and author of generational issues that impact organizational development and innovation. She is a subject matter expert on millennial traits and attributes with extensive knowledge on their work habits, impact on today’s workforce, and use and consumption of technology and information.
For more information on the importance of taking a multigenerational approach to firm growth, please read our blog “How Millennials can drive firm innovation and new business development.”