Retirement Plans for Attorneys and Law Firms

It is often said that the cobbler’s children have no shoes, so it should come as no surprise that many attorneys and law firms don’t have retirement plans.  In this compelling presentation, ERISA Attorney Ary Rosenbaum provides viewers with a comprehensive understanding of why many attorneys and law firms lack effective retirement plans, and how to improve upon the situation. He also details the many retirement plan options that attorneys and law firm can select, as well as design features that can help augment savings for sole proprietors and law firm partners. Mr. Rosenbaum concludes his presentation with a discussion on fiduciary responsibility, an item that far too many plan sponsors neglect, to their financial detriment. 

Learning Objectives:

I.    Understand why many attorneys and law firms have inadequate retirement plans

II.   Identify the major arguments in favor of sponsoring a retirement plan

III.  Comprehend the various types of retirement plans

IV.  Construct the elements of plan design

V.   Classify fiduciary responsibility