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May 31, 2000 |

The Graying of the Bar

As the baby boomers edge toward retirement age, benefits such as lifetime tenure that were once taken for granted are likely to become relics. In an effort to maintain -- or gain -- footing in a competitive environment, some firms are taking dramatic, highly visible actions that fall hardest on older partners. "They don't have a lot of choices. The ground rules have changed...," said Robert Hillman, a professor at the University of California-Davis School of Law.
13 minute read

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