Legal Marketing & PR

Retirement may be merely a vision now

By Edward Poll, J.D., M.B.A., CMC

One pundit commented today that our 401 K's have now become 101 K's!

With close to 400,000 lawyers (Baby Boomers) slated to retire in the next 10 years, the legal profession will be rocked! How, however, no one is yet commenting.

With the current financial collapse, and investment values plummeting by 50% in many cases, we may not see so many retirees, after all. Even lawyers may have to work longer years than they anticipated. We may have one more generation than contemplated in the work place. Will we see even more challenges in an effort to understand why each generation reacts differently to the same stimuli? How will we reconcile the differing values between, and now among, generations? As Rodney King once said, "Can we all get along?"

Full post as published by Law Biz Blog on October 10, 2008 (boomark / email).