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The Graying of the Law Departments

Rees Morrison wonders what's going to happen as law department veterans within many large companies mature and reach retirement.  Roughly 40 percent of companies surveyed state that they do not have any formal system in place to capture and retain institutional knowledge.
And, of course, with lawyers there's also the ego issue, as many senior lawyers would rather keep what they know to themselves than train future replacements.

The problem isn't limited to law departments either.  Large law firms are also beginning to lose a generation of lawyers who actually practiced in a day when more cases went to jury trial.  Younger lawyers won't have the skills to try cases and won't have anyone to ask -- unless lawyers stand ready to start passing on their knowledge now.

Posted by Carolyn Elefant on March 17, 2006 at 02:20 PM | Permalink | Comments (0) | TrackBack (0)

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