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The wisdom of old lawyers

Experience is the most valuable asset law firms own, and that shouldn’t be forgotten, argues Dr Bob Murray

26 April 2017

A great friend of mine, a partner in a worldwide Top 10 law firm, is being eased out. Admittedly he’s leaving with a good deal, but eased out nevertheless. He is, shock, horror, in his fifties and leaders of his outfit don’t think he fits in with their new go-go strategy. He’ll be okay, he’ll find a portfolio of boards to sit on and be bored to death.

Everyone wants young lawyers. Firms want to fast-track young talent to become partners; Lawyers On Demand and the like want young lawyers to become self-employed day-laborers; outfits providing commoditised legal services want young lawyers to do the grunt work before an even cheaper AI alternative comes along – like Uber and its drivers.

As a society, we’re fixated with youth – we’re obsessed with the problems of millennials (more so than with the idiosyncrasies of Gens Y and X),...

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