Wake Up Call: A Demographic Crisis for Law Firms?

• The legal industry “is at the beginning of a demographic crisis . The aging of partnerships is severe,” according to one legal consultant, who said more than 50 percent of the average firm’s client base is originated by attorneys 60 years old or older. (Pittsburgh Post-Gazette)

• Ray Manista, Senior Vice President, General Counsel and Secretary of Northwestern Mutual Life Insurance Company, had a list ready: be prepared to be a team player , be flexible during the representation, and don’t surprise us with your legal bills. (Big Law Business)

• Labaton Sucharow filed a class action on behalf ...