Retiring partners are capable of continuing to play an effective role in the workplace – but those who think about their next steps early on are most likely to succeed
The research underpinning Legal Week‘s recent article on the ages of partners in the UK’s top law firms (3 October issue) confirmed a long-held belief within the profession: life as a working equity partner is very short. Partnership is obtained in the mid-30s, equity points are given up by most by age 50 and almost certainly relinquished by 55. On average just 8% of partners at the firms surveyed are in the 56-60 age bracket, and merely 2% are older than 60.
