Hundreds of thousands of lawyers will become senior citizens in the next few years. With more than half of the large firms in the nation operating under a mandatory retirement system, the exodus from law will be profound. Some lawyers choose of counsel status, such as former Holland & Hart partner Ed Flitton, who says that with about 20 good years left, it didn't make sense for him to remain in a stressful environment. Since he retired four months ago, he has reduced his blood pressure by 10 points.
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Law Firms Deal With the 'R' Word
The National Law Journal
April 19, 2007
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