
The American Lawyer documents the increasing trend of older lawyers reaching mandatory retirement age deciding to switch firms rather than “go gently into that good golf condominium.” Baby boomer attorneys are increasingly likely to work past the traditional ages of 60 or 65 and ALM data indicates that 6 percent of all Am Law 200 partners are 65 years old or more.
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Mega-firm Reed Smith had a rough year in 2015, The American Lawyer reports–a year that perhaps led to the highly publicized 45...