Want to get this daily news briefing by email? Here’s the sign-up.
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.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]