Mandatory Retirement Overhaul To Test Firms' Mettle

Law360, New York (February 10, 2010, 7:51 PM EST) -- The recent lawsuit by the U.S. Equal Employment Opportunity Commission against Kelley Drye & Warren LLP over its mandatory retirement policy may have some firms taking a hard look at this long frowned-upon practice. And while scrapping the policy could be disastrous for some firms, others are well-positioned to reap significant benefits from the change.

The EEOC’s action signals a renewed interest in how law firms cope with older partners in what it sees as widespread age discrimination. In 2007 the EEOC extracted a $28.5 million...
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