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Law Practice

Jul. 20, 2013

Baby boomers wreak havoc on law firm succession planning

"What to do with the baby boomers?" That's one of the largest problems facing law firms today, according to legal industry experts.


By David Ruiz


Daily Journal Staff Writer


"What to do with the baby boomers?" That's one of the largest problems facing law firms today, according to David B. Wilkins, Harvard Law School's director of the Program on the Legal Profession.


"Now, 60 is the new 40, and people don't want to retire because they've racked up huge amounts of debt," Wilkins said. "They're not psychologically in the position t...

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