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WHAT WE’RE WATCHING

BOOMER – Face it, counselor. You’re getting older. We all are. And as Dylan Jackson writes, nearly every law firm in the country is experiencing the same dilemma: How to retain clients as more than a quarter its relationship partners head toward retirement? One of the most effective ways is to incentivize partners by tying their compensation to transition outcomes. Also critical is identifying specific junior partners early for those senior partners to sponsor, and creating a culture where older partners are comfortable revealing their retirement plans far in advance.