I recently had a birthday. I’m 32-years-old, but my liver has to be at least 60. It’s pretty close to mandatory retirement age. But I’m just getting back from Vegas (full report on twitter) and I can tell you that my liver will not go quietly into the good night.
And so I have a little appreciation for the partners that recently departed Mendes & Mount. A couple of partners there bumped up against the firm’s mandatory retirement age. After a failed negotiation with firm management, the older partners decided to take most of the damn practice group with them and start a new firm. The New York Law Journal reports:
Seven partners at Mendes & Mount have departed to launch a boutique after at least one of the partners failed to persuade the firm to amend its mandatory retirement policy.
The new firm, Fitzpatrick & Hunt, Tucker, Collier, Pagano, Aubert, consists of the bulk of Mendes & Mounts’ aviation practice and will have offices in New York and Los Angeles, said partner Ralph V. Pagano. The firm will be made up of 24 lawyers from Mendes & Mount, including the partners, one of whom joins as special counsel. Mendes & Mount will be left with about 109 lawyers.
“It’s a pretty big break-off,” Pagano said.
How’s that for flexing some muscle? Push me out — I’ll take 24 lawyers and your aviation practice group with me! Screw you guys, I’m going home.
Hey, the older partners gave Mendes an opportunity to reconsider…