It is no secret that a wave of Baby Boomer lawyers are set to retire in the next few years. With approximately 30.4 million Americans turning age 65 between 2024 and 2030, America has never seen so many people reach retirement age in such a short period of time. While hopefully your firm’s strategic plan has already addressed how to handle their departure, you are not alone if you have not yet considered the impact the retirement of your senior lawyers may have on your practice.
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