For its annual survey of managing partners, The American Lawyer asked leaders of Am Law 200 firms how concerned they are about the aging of the bar. Thirty-eight percent say it's a significant management issue. They add that current law firm demographics raise two big questions: how to accommodate boomers who want to keep working and how to ensure a smooth succession to the next generation. And as firms move away from strict retirement regimes, managing partners say flexibility is key.
Law Firms Face Gray Area as Boomers Age
The American Lawyer
December 10, 2007