The discussion around the Great Resignation has hinged on people quitting their jobs for better opportunities—2021 job quitters said low pay, minimal opportunities for advancement, and feeling disrespected by employers were their main reasons for leaving, according to a recent Pew Research survey.

But in recent interviews, Am Law firm leaders reported another phenomenon when asked about 2021 partner exits. Having raked in substantial profits in recent years and, at some firms, facing a return to the office, some partners are deciding to reduce their commitment to the firm or quit the profession before “retirement age.” For those who can afford it, that age may be more of a mindset than a number.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]