Partners Rethink Retirement Amid Economic Turmoil

Law360, New York (October 17, 2008, 12:00 AM EDT) -- Some attorneys who had planned to retire in the near future will try to keep their jobs because of the economic downturn's impact on their retirement savings, a scenario that poses potentially daunting questions for firms and could lead to fewer opportunities for junior lawyers and more disputes over mandatory retirement rules.

Not only is the state of the economy affecting lawyers' retirement planning, but the turmoil comes at a time when a significant portion of the legal community is at or nearing an age when...
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