This Is Olivia Palermo's Favorite Item Right Now

It's already the end of December, so some congratulations are in order—you've nearly made it to the end of the holiday party season! All that's left to get through is New Year's Eve, which, of them all, is quite possibly the most fun to dress up for. If you're feeling tired of your usual party dress looks, we have something a little more playful you might want to try. Olivia Palermo's three-piece outfit formula is going to help you think outside the box.

For Lincoln Center's Fall Gala honoring Carolina Herrera, Palermo wore a sweater-and-skirt combination that would stand out at even the fanciest of parties. She wore a sparkling black sweater with a tiered organza midi skirt—both by Carolina Herrera, of course—paired with a lacy cutout pair of Givenchy boots. Très chic. Feminine midi skirts like this seem to be Palermo's favorite item of late, considering she's styled two of them on the streets recently (one of her own creation and one floaty white iteration) as well as one sheer Dior version to the Elle Style Awards. We can totally see why. With the right textures and careful attention to detail, they can be just as elegant as any gown but allow for much more creativity so you can choose what to style it with on top. We're definitely on board with this one.

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Will you be trying this out for your next party look? Sound off in the comments!