For most lawyers, there comes a time when they decide to take it easy, or easier. That might mean working part-time, or leaving the practice of law entirely. In either case, I often counsel lawyers who seem to think that the words “inactive” and “retired” are interchangeable. In fact, there are some significant differences, as well as some significant similarities, between the two, and lawyers who are considering their options must be mindful of the long-term implications of their choices.
Lawyers aren’t taught the differences between these statuses in law schools, and there doesn’t seem to be a plethora of courses titled, “It’s Time to Spend More Time With the Grandchildren.” This article will outline the differences between becoming inactive or retired.
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