1.) You are a management consultant for a 30-year-old partner in a large law firm. In a meeting, your client says: "According to an article inThe New York Times, 57 percent of large law firms have a mandatory retirement age for partners in the firm. Before they retire, partners are paid directly for the work that they do, and, as an owner, they are entitled to a share of the profits of the firm. Once they retire, partners do not receive either form of compensation. In light of this, I think we should eliminate mandatory retirement in order to gain a ‘competitive advantage' in attracting high-quality lawyers to work for our firm. Of course, you are the expert."
a.) Is mandatory retirement legal in your chosen profession or career path? If so, what is the justification for the law? Does your current employer have a mandatory retirement age?
b.) Should the law firm eliminate mandatory retirement in order to gain a ‘competitive advantage'? Describe and justify your recommendation.
c.) Discuss your own personal and professional opinion about mandatory retirement, regardless as to the industry.