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.
Law Firms Deal With the 'R' Word
The National Law Journal
April 19, 2007
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