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As the baby boomers edge toward retirement age, benefits such as lifetime tenure that were once taken for granted are likely to become relics. In an effort to maintain -- or gain -- footing in a competitive environment, some firms are taking dramatic, highly visible actions that fall hardest on older partners. "They don't have a lot of choices. The ground rules have changed...," said Robert Hillman, a professor at the University of California-Davis School of Law.
May 31, 2000 at 12:00 AM
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The original version of this story was published on Law.Com
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