updated: January 2, 2008
Boston Bar Association        
   

K&L Gates Ends Mandatory Retirement  

Earlier this week, the partners of Kirkpatrick & Lockhart Preston Gates Ellis LLP* voted to eliminate the firm’s age-based requirement for maintaining equity partner status, which previously mandated withdrawal from the equity partnership upon reaching age 70. The change, which is effective immediately, follows a recent recommendation from the American Bar Association that firms discontinue mandatory age retirement policies in favor of individual evaluation of senior partners.

"Our partners concluded that age-based limitations on partner status are anachronistic and out of step with enlightened views of highly productive older lawyers," said Peter Kalis, K&L Gates’ Chairman and Global Managing Partner. "As this firm has supplied two of the last three presidents of the American Bar Association, we are proud to support the ABA’s resolution encouraging the profession to eliminate such restrictions."

*BBA Sponsor Firm
 


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