Understanding the Financial Aspects of Impending Retirement

There are significant penalties in store for any lawyer who does not make a financial plan for succession into retirement.

9 minute read September 28, 2011 at 02:33 PM

Ed Poll

Understanding the Financial Aspects of Impending Retirement

As an estimated 400,000 lawyers from the Baby Boom era will reach the traditional retirement age in the upcoming decade, it is increasingly emphasized that there are significant ethical consequences for failing to plan a practice's future by transitioning client matters to a successor lawyer or firm.

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