A new beginning, not the end
How UK law firms can avert disruptive departures and make retirement work, for themselves and exiting leaders
Read the white paper
Many firms are not laying the ground for smooth transitions around key exits.
Almost half (47%) respondents we surveyed in putting together our white paper have experienced ‘challenging’ retirements. Sudden departures led to a loss of experience and goodwill, inadequate succession arrangements and contentious discussions requiring lengthy management input and hefty compensation pay-outs.
WE SUMMARISE BEST PRACTICE IN MANAGING AND SUPPORTING RETIREMENTS AND EXPLORE HOW:
Firms are supporting partners and senior leaders with the non-financial aspects of retirement
Firms and individuals are affected by the way retirements are managed
Retirement support reduces the risk of disruptive departures and benefits both firms and individuals
Retirement coaching offers particular benefits to both firms and individuals
Firms are using and reviewing mandatory retirement age (MRA) provisions