As the new year begins, it’s important for all law practices to take stock of 2013, while also preparing for the year to come. This includes assessing contingency plans to cover the unexpected, such as changes in practice income, focus and staffing.
According to the U.S. Bureau of Labor Statistics, in 2012 approximately 20 percent of the United States’ work force was at least 55 years old. Notably, as an occupation, approximately 33 percent of attorneys are over 55. As a result, the practice of law has become one of the fields with the highest concentration of what are considered “older” workers.
