Kelley Drye May Set Trend In Ending Retirement Policy

Law360, New York (April 9, 2010, 6:01 PM EDT) -- Kelley Drye & Warren LLP has quietly decided to cave to the U.S. Equal Employment Opportunity Commission and scrap its mandatory retirement policy, a move that some observers say could prompt other law firms to follow suit.

In the past few years, the practice of stripping partners of their equity status or showing them the door at the age of 65 or 70 has come under greater scrutiny, both from the EEOC and major players in the legal industry.

In February, Kelley Drye became a new,...
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