July 01, 2013

The Chair's Corner: GPSolo at the Cutting Edge

Jennifer A. Rymell

This issue of GPSolo magazine focuses on a trend that is having a significant impact on the legal profession. It seems like everywhere you look there is news about the effect that Baby Boomers’ life expectancy will have on society. In 2011 the Baby Boomers started turning 65. According to the U.S. Department of Health and Human Services, 100 years ago there were only 3 million people age 65 or older. During the next 25 years this number is projected to grow to more than 70 million. As this trend progresses, there is a greater need for lawyers who are knowledgeable about elder law, estate planning, and health care issues. There is also a cultural shift within the legal profession. With Baby Boomers staying in the workforce longer and some firms enforcing mandatory retirement, there are more seasoned lawyers than ever transitioning from a large firm practice to a solo practice as a second career. Although these lawyers are very experienced in substantive areas of the law, running a law office for the first time can be very challenging.

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