
More Law Firms Should Have Mandatory Retirement Requirements
What's your perspective on mandatory retirement ages?
What's your perspective on mandatory retirement ages?
I hope for the judges' sake most of them retire before then.
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Roughly half of Am Law 200 firms have mandatory retirement, with most specifying ages in the range of 63 to 68.
The thorny question of mandatory retirement policies.
"Uneasy lies the head that wears a crown" -- or manages a law firm in 2020.
He's leaving Skadden after 30+ years.
Relying on a mandatory retirement deadline hurts both the lawyer and the firm, especially if there is no succession plan in place.
Many firms openly embrace lateral partners beyond the mandatory retirement age.
* Having placed Justice Anthony Kennedy's Supreme Court retirement in political context, let's now put it into historical context. [Retropolis / Washington Post] * This makes some folks quite upset, but there's no denying it: the Roberts Court is now truly the Roberts Court (and he probably isn't thrilled about it either). [Empirical SCOTUS] * Kathryn Haun -- a former Kennedy clerk, by the way -- has parlayed her expertise in Bitcoin, developed during her years as a federal prosecutor, into a new position leading Andreessen Horowitz's $300 million fund focusing on cryptocurrency-related startups. Congrats, Katie! [Axios] * Let's not forget about President Trump's transformation of the lower federal courts -- because it's not just about SCOTUS. [The Takeaway / WNYC] * Check out Susman Godfrey's new mandatory retirement policy -- could this become the industry standard? [Texas Lawyer] * Yes, the First Amendment is awesome and all -- but is it also encouraging errors in news reporting, as Charles Glasser suggests? [Daily Caller] * Speaking of mistakes, Ed Whelan sets Ben Shapiro straight on Judge Brett Kavanaugh, a leading contender to replace Justice Kennedy. [Bench Memos / National Review] * President Trump says he wants to pick a SCOTUS nominee who could serve on the Court for 40 years or more -- and if you take the five youngest names on his list of 25, it's entirely possible. [Althouse] * This should come as no surprise, but now law firms are joining the chase after data scientists. [Artificial Lawyer] * Congratulations to the Practising Law Institute (PLI) and Fastcase, innovators in their respective spaces, on their new alliance. [Dewey B Strategic]
* Can you hear me now? Modern marvels of technology like cellphones and other electronic devices are barred from the Supreme Court during oral arguments, but yesterday, justice was interrupted by the ringing of... a Justice's cellphone. Who was the culprit? The offending phone belonged to Justice Stephen Breyer. Oopsie! [AP] * After a week charged with sexual harassment allegations and the ouster of Bill O'Reilly, just when Fox News thought its troubles were over, a group of current and former employees filed a class-action lawsuit against the network alleging "abhorrent, intolerable, unlawful and hostile racial discrimination." The plaintiffs' lawyers got in this zinger of a statement: "When it comes to racial discrimination, 21st Century Fox has been operating as if it should be called 18th Century Fox." [DealBook / New York Times] * Ever since it dumped Eversheds, Milwaukee-based Foley & Lardner has been out on the prowl for another merger partner, and it looks like the firm has finally found its ideal mate in New York boutique Friedman Kaplan Seiler & Adelman. The whole thing seems to be a bit "incestuous" if you ask us. We'll have more on this later today. [Am Law Daily] * Ahead of his confirmation hearing todays, Makan Delrahim, President Donald Trump's nominee to lead the antitrust division of the Department of Justice who's been called a "centrist nominee," has pledged to recuse himself from all matters involving his prior work as a lobbyist, including the merger between Anthem and Cigna. [Big Law Business] * At some firms, like Ballard Spahr, senior partners must "transition[] their practices" by age 60, but at other firms, like Cozen O'Connor, age is nothing but a number. "We have so many lawyers who are extremely productive and terrific lawyers and if they want to work well into their 70s, God bless 'em," says CEO Michael Heller. [Philly Inquirer]
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Don't postpone these tough but necessary conversations.
Executing a proper plan easily solves the dilemmas brought about by mandatory retirement. While identifying an aging leadership problem is helpful, creating and executing an actual plan is a necessity.