The American Bar Association doesn’t want them. Most lawyers apparently don’t like them. But many law firms have them.
Retirement policies exist in several forms, but the 65-and-older crowd isn’t looking to hang up its hat as early as it once was.
Retirement policies: The American Bar Association doesn't want them, and most lawyers apparently don't like them. Only 38 percent of lawyers agree with mandatory retirement policies, while 50 percent of firms have them, according to a recent survey by Altman Weil. "The profession's position on this seems to be moving towards getting rid of those things," Altman Weil's James D. Cotterman. Aside from questions of legality, Cotterman said it makes good business sense to do away with retirement policies.
October 18, 2007 at 12:00 AM
1 minute read
The original version of this story was published on National Law Journal
The American Bar Association doesn’t want them. Most lawyers apparently don’t like them. But many law firms have them.
Retirement policies exist in several forms, but the 65-and-older crowd isn’t looking to hang up its hat as early as it once was.
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