Firms warned on compulsory partner retirement clauses

摘要

Partnerships and LLPs are being warned to seek legal advice over compulsory partner retirement clauses in contracts even though an employment tribunal has thrown out an age discrimination claim. In January a tribunal found it was 'proportionate'to force partners to retire from a firm at 65 to achieve a number of aims for the business such as allowing sufficient career progression for junior staff and maintaining a'congenial' working atmosphere.