Constangy partner Teresa Bult recently spoke with Thomson Reuters on preparing for attorney retirement. As attorneys reach retirement age, many feel reluctant to step away from their careers in fear of losing of identity and uncertainty about what comes next. Teresa notes that it can be “daunting to move from practicing 60 to 80 hours a week to doing nothing.”
However, law firm leaders can help attorneys who are approaching retirement embrace the next phase of their lives by encouraging attorneys to explore post-retirement options and initiating discussions about retirement planning. One option for helping to support older attorneys is designating a team leader or external consultant to discuss key considerations of retirement, including financial preparations, spousal perspectives, and plans for housing, part-time work, and volunteering.
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Teresa is a seasoned mediator and corporate relationship partner at Constangy, specializing in employment defense. With over 25 years of experience, she's adept at navigating complex litigation and HR challenges. Her dedication lies in connecting clients with resources, aiding in litigation, and facilitating collaboration with Constangy's attorneys nationwide. Teresa's extensive litigation background encompasses class actions, depositions, trials, and appellate arguments.