Very interesting article on "millennials" and their impact on the legal sector, although this can be applied to any professional services firm.
However, whilst wages are an important factor, they are just one of a number of factors at the forefront of these millennial lawyers’ minds. Work/life balance (as discussed above), culture, appraisal systems, progression, the firm’s reputation, the firm’s impact on society (charity work, pro bono clients, ethics, diversity, career development etc.) are all big topics of discussion when considering the best fit for them in terms of the type of firm they want to carve out their career with. Salary remains important; however they have other interests and concerns which also need to be met. They want to know that their work matters and, most importantly, that their employers trust them.