{"id":73005,"date":"2020-05-10t13:01:45","date_gmt":"2020-05-10t17:01:45","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=73005"},"modified":"2020-05-11t10:00:34","modified_gmt":"2020-05-11t14:00:34","slug":"opposing-views-on-mandatory-retirement","status":"publish","type":"post","link":"\/\/www.g005e.com\/2020\/05\/10\/opposing-views-on-mandatory-retirement\/","title":{"rendered":"how covid impacts partner retirements"},"content":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3041 alignright\" src=\"https:\/\/rosenbergassoc.com\/wp-content\/uploads\/2015\/05\/mandatory-retirement-300x182.jpg\" alt=\"\" width=\"300\" height=\"182\" \/><\/strong><\/p>\n<p><strong>how long do you want your firm to last?<br \/>\n<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/product-category\/marc-rosenberg\/?orderby=title-desc\"><i>the rosenberg practice management library<\/i><\/a><\/p>\n<p>two-thirds of partner agreements include a mandatory retirement provision. this provision usually requires partners to give up their equity but allows them to continue working in some fashion. a common stipulation is that if a \u201cretired\u201d partner wishes to continue working, either full- or part-time, this must be approved <em>annually<\/em> by the other partners. but with the covid crisis, annually may come <em>sooner<\/em> than expected.<\/p>\n<blockquote><p><b>more: <\/b><a href=\"\/\/www.g005e.com\/2020\/05\/03\/partner-buyout-nuances-queries-from-firms\/\">three tough questions in partner buyouts<\/a> | <a href=\"\/\/www.g005e.com\/2020\/04\/26\/is-mandatory-retirement-a-best-practice\/\">is mandatory retirement a best practice?<\/a> | <a href=\"\/\/www.g005e.com\/2019\/12\/29\/merging-in-sellers-what-you-need-to-know\/\">merging in sellers: what you need to know<\/a> | <a href=\"\/\/www.g005e.com\/2019\/09\/22\/take-yodas-advice-on-strategic-planning\/\">take yoda\u2019s advice on strategic planning<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2020\/05\/10\/opposing-views-on-mandatory-retirement\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p><\/blockquote>\n<p>here are two opposing viewpoints on a mandatory retirement provision to consider the next time you review your partner agreement:<br \/>\n <a href=\"\/\/www.g005e.com\/2020\/05\/10\/opposing-views-on-mandatory-retirement\/#more-73005\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-3041 alignright\" src=\"https:\/\/rosenbergassoc.com\/wp-content\/uploads\/2015\/05\/mandatory-retirement-300x182.jpg\" alt=\"\" width=\"300\" height=\"182\" \/><\/strong><\/p>\n<p><strong>how long do you want your firm to last?<br \/>\n<\/strong><\/p>\n<p><i>by marc rosenberg<\/i><br \/>\n<a href=\"\/\/www.g005e.com\/product-category\/marc-rosenberg\/?orderby=title-desc\"><i>the rosenberg practice management library<\/i><\/a><\/p>\n<p>two-thirds of partner agreements include a mandatory retirement provision. this provision usually requires partners to give up their equity but allows them to continue working in some fashion. a common stipulation is that if a \u201cretired\u201d partner wishes to continue working, either full- or part-time, this must be approved <em>annually<\/em> by the other partners. but with the covid crisis, annually may come <em>sooner<\/em> than expected.<\/p>\n<blockquote>\n<p><b>more: <\/b><a href=\"\/\/www.g005e.com\/2020\/05\/03\/partner-buyout-nuances-queries-from-firms\/\">three tough questions in partner buyouts<\/a> | <a href=\"\/\/www.g005e.com\/2020\/04\/26\/is-mandatory-retirement-a-best-practice\/\">is mandatory retirement a best practice?<\/a> | <a href=\"\/\/www.g005e.com\/2019\/12\/29\/merging-in-sellers-what-you-need-to-know\/\">merging in sellers: what you need to know<\/a> | <a href=\"\/\/www.g005e.com\/2019\/09\/22\/take-yodas-advice-on-strategic-planning\/\">take yoda\u2019s advice on strategic planning<\/a><br \/>\n<strong><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-49700\" src=\"http:\/\/4f2bur4nuye2cgakm2rm61qk.wpengine.netdna-cdn.com\/wp-content\/uploads\/2016\/08\/yellow_key_clip_art-e1375897299811-36p-hi-1-e1470686574894.jpg\" alt=\"goprocpa.com\" width=\"39\" height=\"16\" \/><span style=\"color: #b79c00;\">exclusively for pro members. <\/span><\/strong><span style=\"color: #b79c00;\"><a style=\"color: #b79c00;\" href=\"\/\/www.g005e.com\/wp-login.php?redirect_to=\/\/www.g005e.com\/2020\/05\/10\/opposing-views-on-mandatory-retirement\/\">log in here<\/a> or <a class=\"external\" style=\"color: #b79c00;\" href=\"http:\/\/goprocpa.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">2022世界杯足球排名 today<\/a>.<\/span><\/p>\n<\/blockquote>\n<p>here are two opposing viewpoints on a mandatory retirement provision to consider the next time you review your partner agreement:<br \/>\n <a href=\"\/\/www.g005e.com\/2020\/05\/10\/opposing-views-on-mandatory-retirement\/#more-73005\" class=\"more-link\">read more &rarr;<\/a><\/p>\n","protected":false},"author":1339,"featured_media":52068,"comment_status":"closed","ping_status":"closed","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":[3120,3002,2266],"tags":[],"class_list":["post-73005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pro-member-exclusive","category-special","category-partner","membership-content","access-restricted"],"acf":[],"yoast_head":"<!-- this site is optimized with the yoast seo plugin v24.0 - 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