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Groups to offer August seminars on attorney retirement

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There’s an old joke in the legal profession that attorneys never retire.

So the Indiana State Bar Association and Indiana Judges and Lawyers Assistance Program have partnered to present three conferences in late August about retirement preparation: “What’s Next … Planning for the Retirement that YOU Want.”

Maryann Williams, director of section services for the ISBA, recalled the retirement party of an attorney she attended when she was still practicing law. She remembered that no one seemed to know how to plan the retirement party because no one remembered going to one before.

While that’s not to say all attorneys should retire at a certain age or should keep working forever, Terry Harrell, JLAP executive director, said she has noticed an increase in calls concerning retirement.

More often than not, those calls were from colleagues who thought their fellow attorneys should retire before disciplinary actions were filed or worse.

In some cases in which an older attorney is having trouble handling his or her workload, it isn’t necessarily because of issues related to age but could be a reaction from medications or depression that can possibly be addressed through treatment, she said.

But more often than not, she said, the attorney doesn’t have treatment options if he or she is past what other professions consider a normal retirement age of mid-60s to early 70s, she said.

Terry Harrell mug Harrell

So Harrell spoke with Williams and the ISBA to determine if there was a way to offer help to attorneys in their 40s, 50s, and early 60s, while they still had ample time to plan for retirement. She considered a program in Oregon to be a model for the Indiana program.

At first, she and Williams talked about doing a session at the Solo and Small Firm Conference but quickly realized it was important enough to be its own event.

In late August, those plans will come to fruition with three scheduled all-day seminars that will take place in Evansville, Indianapolis, and a yet to be decided location in Lake County, making it accessible to many attorneys around the state. Depending on how these sessions go, Williams said more might be planned in other locations in the future. The sessions will also be modified based on the evaluation forms and what participants will ask future conferences to include.

Williams said the conferences were planned with help from the General Practice Solo and Small Firm, Senior Lawyers, Business Law, Litigation, and Probate Trust & Real Property sections.

Final details, as well as the registration forms, will be available on the ISBA’s website, www.inbar.org, in mid-June.

Williams said she has already received calls from attorneys who’d like to be added to the list of interested participants. She said each venue can hold up to 50 participants, and admission will be $100 for ISBA members, and $150 for non-members. She suggested interested attorneys sign up soon after the registration information is posted.

Included in the price of the seminar is a copy of the book, “Lawyers at Midlife: Laying the Groundwork for the Road Ahead.”

One of the book’s authors, Pat Funk, will speak at the seminars. Funk is an independent financial educator who isn’t trying to sell a specific product but helps educate individuals about how best to plan for smooth financial transitions for retirement.

Financial planning isn’t the only goal of the conference.

Harrell said she’d heard from attorneys “who did everything they needed to in terms of financial planning and retired at an appropriate age, and they got depressed because they did almost nothing but practice law. At the end of their career, they didn’t have hobbies or a social life. Lawyers don’t do well after they energetically practiced law however many hours a week and then have nothing to do.”

The conference will address this issue, including why it’s important to have something to do, whether that’s golf, fishing, dancing, gardening, or another hobby that if they’re already doing it before they retire, they’ll be able to do it more after they retire.

For some people, she said a retirement plan might include doing some legal work – maybe a few hours a week – even if they’re no longer practicing full time. Or if attorneys want to retire completely, there’s no need for them to continue practicing law if they don’t want.

The sessions will also address how attorneys can successfully close their practices or hand over their client files to other attorneys when they retire.

A best practices guide to the surrogate attorney rule, which has recently been revised and was officially made available at the Solo and Small Firm Conference, will also be discussed at the retirement seminars.

There are other tips when it comes to attorneys and retirement planning, depending on the attorney’s preference.

For instance, Harrell recalled a seminar dealing with retirement issues she did a few years ago.

“A lawyer in the room said he would ask three or four of his best friends to promise to tell him when it’s time to retire. He said, ‘If one said it, I might not listen to him, but if three or four told me, then I probably would take it seriously.’”

For more information, visit inbar.org, or contact Maryann Williams at (800) 266-2581 or mwilliams@inbar.org.•

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  1. I gave tempparry guardship to a friend of my granddaughter in 2012. I went to prison. I had custody. My daughter went to prison to. We are out. My daughter gave me custody but can get her back. She was not order to give me custody . but now we want granddaughter back from friend. She's 14 now. What rights do we have

  2. This sure is not what most who value good governance consider the Rule of Law to entail: "In a letter dated March 2, which Brizzi forwarded to IBJ, the commission dismissed the grievance “on grounds that there is not reasonable cause to believe that you are guilty of misconduct.”" Yet two month later reasonable cause does exist? (Or is the commission forging ahead, the need for reasonable belief be damned? -- A seeming violation of the Rules of Profession Ethics on the part of the commission) Could the rule of law theory cause one to believe that an explanation is in order? Could it be that Hoosier attorneys live under Imperial Law (which is also a t-word that rhymes with infamy) in which the Platonic guardians can do no wrong and never owe the plebeian class any explanation for their powerful actions. (Might makes it right?) Could this be a case of politics directing the commission, as celebrated IU Mauer Professor (the late) Patrick Baude warned was happening 20 years ago in his controversial (whisteblowing) ethics lecture on a quite similar topic: http://www.repository.law.indiana.edu/cgi/viewcontent.cgi?article=1498&context=ilj

  3. I have a case presently pending cert review before the SCOTUS that reveals just how Indiana regulates the bar. I have been denied licensure for life for holding the wrong views and questioning the grand inquisitors as to their duties as to state and federal constitutional due process. True story: https://www.scribd.com/doc/299040839/2016Petitionforcert-to-SCOTUS Shorter, Amici brief serving to frame issue as misuse of govt licensure: https://www.scribd.com/doc/312841269/Thomas-More-Society-Amicus-Brown-v-Ind-Bd-of-Law-Examiners

  4. Here's an idea...how about we MORE heavily regulate the law schools to reduce the surplus of graduates, driving starting salaries up for those new grads, so that we can all pay our insane amount of student loans off in a reasonable amount of time and then be able to afford to do pro bono & low-fee work? I've got friends in other industries, radiology for example, and their schools accept a very limited number of students so there will never be a glut of new grads and everyone's pay stays high. For example, my radiologist friend's school accepted just six new students per year.

  5. I totally agree with John Smith.

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