{"id":36844,"date":"2015-04-09t05:00:47","date_gmt":"2015-04-09t09:00:47","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=36844"},"modified":"2024-08-14t09:36:33","modified_gmt":"2024-08-14t13:36:33","slug":"mandatory-retirement-varies-firm-size","status":"publish","type":"post","link":"\/\/www.g005e.com\/2015\/04\/09\/mandatory-retirement-varies-firm-size\/","title":{"rendered":"mandatory retirement varies by firm size"},"content":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-40284\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-290x456.jpg\" alt=\"senior businesswoman holding portfolio\" width=\"290\" height=\"456\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-290x456.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-590x929.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-92x145.jpg 92w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-120x190.jpg 120w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 1016w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>practices between \u201clarge\u201d firms and smaller firms diverge.<em><span style=\"text-decoration: underline\"><br \/>\n<\/span><\/em><\/strong><\/p>\n<p><em>by marc rosenberg<\/em><br \/>\n<em> <a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\">retirements &amp; buyouts<\/a><\/em><\/p>\n<p>as is the case with many aspects of practice management, mandatory retirement is addressed quite differently depending on the size of the firm. here is data from a recent rosenberg map survey:<\/p>\n<p><b>percent of firms having mandatory retirement policies for partners:<\/b><\/p>\n<ul>\n<li>83 percent for firms with annual fees greater than $20 million.<\/li>\n<li>77 percent for firms in the $10 million-20 million range.<\/li>\n<li>56\u00a0percent for firms in the $2 million-10 million range.<\/li>\n<li>21\u00a0percent for firms with fees less than $2 million.<\/li>\n<\/ul>\n<p style=\"padding-left: 30px\"><em><b>more on retirement:<\/b><b>\u00a0<\/b><b><\/b><a href=\"\/\/www.g005e.com\/2015\/04\/06\/mandatory-retirement-4-reasons-firm-comes-first\/\">mandatory retirement? 4 reasons the firm comes first<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/26\/transition-clients-retiring-partners\/\">how to transition clients from retiring partners<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/19\/want-goodwill-payments-give-proper-retirement-notice\/\">you want goodwill payments? give proper retirement notice<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/12\/retirement-plan-funding-funding\/\">retirement plan funding? what funding?<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/05\/vesting-can-cover-part-timers\/\">vesting can cover part-timers, too<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/26\/retirement-vesting-devils-details\/\">retirement vesting: the devil\u2019s in the details<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/19\/compromise-order-goodwill-payouts\/\">compromise is in order for some goodwill payouts<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/12\/retiring-partners-take-specialty\/\">when retiring partners take a specialty with them<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/05\/clients-leave-reduce-retirement-benefits\/\">if clients leave, do you reduce retirement benefits?<\/a><\/em><\/p>\n<p> <a href=\"\/\/www.g005e.com\/2015\/04\/09\/mandatory-retirement-varies-firm-size\/#more-36844\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><a href=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-40284\" src=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-290x456.jpg\" alt=\"senior businesswoman holding portfolio\" width=\"290\" height=\"456\" srcset=\"https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-290x456.jpg 290w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 300w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 600w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-590x929.jpg 590w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-92x145.jpg 92w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682-120x190.jpg 120w, https:\/\/cpatwpe.s3.amazonaws.com\/cpatrendlines\/wp-content\/uploads\/2015\/04\/seniorbusinesswomanportfolio_dollarphotoclub_12805682.jpg 1016w\" sizes=\"auto, (max-width: 290px) 100vw, 290px\" \/><\/a>practices between \u201clarge\u201d firms and smaller firms diverge.<em><span style=\"text-decoration: underline\"><br \/>\n<\/span><\/em><\/strong><\/p>\n<p><em>by marc rosenberg<\/em><br \/>\n<em> <a href=\"\/\/www.g005e.com\/shop\/retirement-buyout\/\">retirements &amp; buyouts<\/a><\/em><\/p>\n<p>as is the case with many aspects of practice management, mandatory retirement is addressed quite differently depending on the size of the firm. here is data from a recent rosenberg map survey:<\/p>\n<p><b>percent of firms having mandatory retirement policies for partners:<\/b><\/p>\n<ul>\n<li>83 percent for firms with annual fees greater than $20 million.<\/li>\n<li>77 percent for firms in the $10 million-20 million range.<\/li>\n<li>56\u00a0percent for firms in the $2 million-10 million range.<\/li>\n<li>21\u00a0percent for firms with fees less than $2 million.<\/li>\n<\/ul>\n<p style=\"padding-left: 30px\"><em><b>more on retirement:<\/b><b>\u00a0<\/b><b><\/b><a href=\"\/\/www.g005e.com\/2015\/04\/06\/mandatory-retirement-4-reasons-firm-comes-first\/\">mandatory retirement? 4 reasons the firm comes first<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/26\/transition-clients-retiring-partners\/\">how to transition clients from retiring partners<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/19\/want-goodwill-payments-give-proper-retirement-notice\/\">you want goodwill payments? give proper retirement notice<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/12\/retirement-plan-funding-funding\/\">retirement plan funding? what funding?<\/a> | <a href=\"\/\/www.g005e.com\/2015\/03\/05\/vesting-can-cover-part-timers\/\">vesting can cover part-timers, too<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/26\/retirement-vesting-devils-details\/\">retirement vesting: the devil\u2019s in the details<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/19\/compromise-order-goodwill-payouts\/\">compromise is in order for some goodwill payouts<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/12\/retiring-partners-take-specialty\/\">when retiring partners take a specialty with them<\/a> | <a href=\"\/\/www.g005e.com\/2015\/02\/05\/clients-leave-reduce-retirement-benefits\/\">if clients leave, do you reduce retirement benefits?<\/a><\/em><\/p>\n<p> <a href=\"\/\/www.g005e.com\/2015\/04\/09\/mandatory-retirement-varies-firm-size\/#more-36844\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":1339,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[5,2374,3120,2298,2266],"tags":[2102,2429,86,572,62,38,57,1416],"class_list":["post-36844","post","type-post","status-publish","format-standard","hentry","category-outlook","category-pay-compensation","category-pro-member-exclusive","category-succession","category-partner","tag-buyout","tag-earnings","tag-partner","tag-pay","tag-retirement","tag-salary","tag-succession","tag-wages","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- 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