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Update on Lawyer Retirement Perspectives

In the newly released Altman Weil Flash Survey on Lawyer Retirement, only 38% of lawyers agreed with the enforcement of mandatory retirement provisions in law firms. However, 50% of respondents reported that their firms currently have mandatory retirement policies. These findings may encourage more discussion and possibly policy changes in U.S. law firms.

14 minute read November 29, 2007 at 03:52 PM
By
James D. Cotterman
Update on Lawyer Retirement Perspectives

Retirement concerns have been in the news lately as the profession grapples with the issues facing an aging population of law firm owners. In April 2007, the New York State Bar Association ('NYSBA') adopted a position urging its members to abandon mandatory retirement.

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