The legal consulting firm Altman Weil surveyed over 300 US law firms with 50 or more lawyers in April and May 2015. Key findings of the survey relevant to succession planning: The planned (or unplanned) succession of Baby Boomer partners is a serious unresolved issue in many law firms; In most firms, partners aged 60 […]
Retirement Financial Worries? – Top Tips to Conquer Your Fears
According to a recent article “Retirement Planning Fears: Tips for Older Americans Losing Sleep” in the Huffington Post, if you are over 50 and are concerned about not having enough money when you retire, you are not alone. The article provides 4 key tips to conquer your fears: Decide to take control of your financial […]
Recommended Reading– Retirement Planning
General John E. Nelson, Richard N. Bolles, What Color is Your Parachute? For Retirement (Ten Speed Press,2nd ed., 2010) Michael Long, John Clyde, Pat Funk, Lawyers at Midlife (DecisionBooks, 2009) Mahara Sinclair, The Laughing Boomer (Autumn Publications, 2011) Travel/Winter Retreats 65 Things to Do When You Retire: Travel (Sellers Publishing, 2013) Jan Cullinane, Cathy Fitzgerald, […]
Get on Board! – Want to be a Director in Retirement?
Many senior lawyers would like to sit on company boards in retirement but wait till they retire to do anything about it. A recent PWC article (here) highlights the need for taking steps before retirement. According to the article, 80% of Board positions are filled by the directors themselves. So, if your goal is to sit on […]