“The shoemaker’s children go barefoot.” This proverb was never truer than when applied to law firms. In its quest to service clients, many firms inadvertently neglect the long-term interests of their lawyers by failing to offer well-structured retirement plans. Even when the firm provides retirement and investment plans, many individual lawyers are unfamiliar with the options available to them for retirement savings. Yet, a comprehensive, well-structured plan can provide security and peace of mind to current employees and serve as a recruiting tool to attract and retain talent.
This article provides an overview of retirement plan options that may be available to your firm, as well as the potential advantages and disadvantages of each.
Benefits of a Retirement Plan
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
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]