1 hr ago
Law Firms Face Challenges As Senior Partners Resist Retirement
Some experienced lawyers are not retiring when law firms expect them to.
This can create problems for the firms.
Latham sought help from Zelinka Parsons, a consulting business in Tucson, Arizona.
The consultants work with people individually and in groups.
They encouraged one senior partner to think about his future.
He was asked to consider how many healthy years he might have left.
He was also asked to plan his future in two-year periods.
At first, he found it hard to imagine what he would do on his first day of retirement.
Senior partners’ reluctance to retire is creating a major problem for law firms.
Latham has worked with Zelinka Parsons for more than a decade.
Zelinka Parsons provides one-on-one counseling and group retreats.
The consultants encouraged one senior partner to reflect on his remaining healthy years.
He initially struggled to answer how he would spend his first day of retirement.
- Who
- Senior partners at law firms, Latham, and Zelinka Parsons.
- What
- Law firms are dealing with senior partners who are not retiring, while consultants help one partner think through retirement.
- Where
- Zelinka Parsons is based in Tucson, Arizona; the broader setting is the legal industry.
- When
- Why
- The consultants encouraged the partner to reflect on his remaining healthy years and plans for retirement.
Key facts
- Central issue
- Senior partners are not retiring, creating a problem for law firms.
- Firm mentioned
- Latham
- Consulting business
- Zelinka Parsons
- Consulting location
- Tucson, Arizona
- Services offered
- One-on-one counseling and group retreats
- Working relationship
- Zelinka Parsons has worked with Latham for more than a decade
- Retirement exercise
- The partner was asked to plan in two-year periods and imagine his first day of retirement
Quotes
Zelinka Parsons team
Consultants from the Tucson-based husband-and-wife counseling business working with Latham
“How would you spend your first day of retirement?”
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