The Law Firm Boomer Bottleneck And Why Elite Law Firms Can’t Get Partners to Quit
Big Law’s long-cherished “cradle-to-grave” partnership model has run headfirst into a demographic traffic jam as senior partners simply aren’t quitting their firms, says a report from the WSJ. According to data from the U.S. Bureau of Labor Statistics, roughly a third of all U.S. lawyers are aged 55 or older, with 14% over 65. It
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