No one is rolling over us geezers. Not any more. We intend to keep working, and with all the compensation, status, and perks we deserve. From 2000 through 2010, the number of workers over the age of 65 has increased by 30% [Source: Bureau of Labor Statistics.]
Two years ago, reports Nate Raymond in the NEW YORK LAW JOURNAL, law firm Sidley Austin settled with the Equal Employment Opportunity Commission over the lawsuit alleging age discrimination against 32 partners. Now, Raymond tells us, the EEOC has filed a lawsuit against Kelley Drye & Warren on behalf a 79-year-old partner and "similarly situated employees." The contention is that the firm discriminated on the basis of age "by forcing them [the plaintiffs] to give up their equity at age 70 and earn less than younger attorneys in the firm with similar collections and billings."
The law firm denies the allegations. There is also raised the underlying issue if partners at law firms can be defined as "employees" who are covered by federal discrimination laws.
I coach and conduct workshops for professionals over-50. In addition, I am working on a book "Over-50: How We Keep Working."