Law firms reportedly turn to creative incentives to get partners to retire
The Wall Street Journal says it’s not uncommon for lawyers to work well into their 80s, and firms are seeking ways to make room for the next generation.
TLDR
Law firms are trying to encourage partners to retire with new, increasingly creative incentives ranging from financial to “life-fulfilling,” The Wall Street Journal reports. The aim, the paper says, is to make way for the next generation in a profession where working well into one’s 80s isn’t uncommon.
Law firms reportedly turn to creative incentives to get partners to retire
The Wall Street Journal says it’s not uncommon for lawyers to work well into their 80s, and firms are seeking ways to make room for the next generation.
TLDR
Law firms are trying to encourage partners to retire with new, increasingly creative incentives ranging from financial to “life-fulfilling,” The Wall Street Journal reports. The aim, the paper says, is to make way for the next generation in a profession where working well into one’s 80s isn’t uncommon.
