Thursday, April 19, 2007

Wave of retiring lawyers could change the face of the legal profession

From Law.com:

And with more than half of the large firms in the nation operating under some type of mandatory retirement system, the exodus will be profound.

About 1 million lawyers are licensed in the United States, according to the American Bar Association. Extrapolating from the current total of attorneys, a full quarter of attorneys -- or 250,000 -- are expected to start retiring by 2011.

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