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Managing Unfunded Partner Retirement Plans: Now's The Time To Consider Alternatives

Partnerships often provide supplemental retirement benefits to their partners. These plans were established many years ago, and in many cases, do not achieve many of the business objectives for the modern law firm. <br>This article will cover the origins and objectives of these programs and assess their modern day relevance. The article will discuss prominent current objectives a firm might have with respect to retiring partners, identify HR solutions to meet them, and suggest change management strategies to manage their unfunded retirement plans to satisfy both younger and older members of the firm.

20 minute read November 30, 2004 at 08:07 AM
By
Hank Freeman and Sarah Wright
Managing Unfunded Partner Retirement Plans: Now's The Time To Consider Alternatives

Partnerships often provide supplemental retirement benefits to their partners. These plans were established many years ago, and in many cases, do not achieve many of the business objectives for the modern law firm.

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