More than 10% of lawyers in BC are 65 years old or older, and that’s probably why a lot of you are discussing, or at least pondering, your own firm’s demographic composition and the necessity for successful planning.
A LSBC Benchers’ Bulletin states:
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“Over 1,100 (or 10.4%) of the 10,700 practising BC lawyers today are 65 years old of age or older, compared to only 380 practising lawyers 65 or older in 2003 (4.2% of total). That’s an annual growth rate of 11.2%. There has also been a significant increase in the number of practising lawyers between the ages of