Home 21<sup>st</sup> Century Legal Careers Elder Law: Riding the Age Wave

Elder Law: Riding the Age Wave

21st Century Legal Career Series Volume 17

Contents
Focus: What This Booklet Is About
Defining Elder Law
The Astonishing Numbers
Elder Financial Abuse: Eliciting “BigLaw” Interest
Why Is Elder Law Hot?
Where the Jobs Are
JD Advantage Job Opportunities
Preparing Yourself for an Elder Law Job
Compensation
Advance Notice of Elder Law Job Opportunities
Follow-Up  

Volume 17 spotlights a practice area often overlooked or deemed slow-moving and stodgy by legal career seekers.  Not anymore.  That all changed on January 1, 2011, when the first Baby Boomer turned 65. Baby Boom demographics are unprecedented. Beginning in 2011 and not ending until 2029, 80 million have, are, and will turn 65 at the rate of 10,000 a day every day. That’s a lot of potential clients.

This most populous and prosperous generation ever is now confronting both the health and financial issues attendant upon age.  And demand for elder law advice and legal services is not exclusive to seniors. The potential client pool also includes millions of Generation Xers and Millennials concerned about their senior relatives’ financial, care giving, quality of life, and succession issues.

Elder Law focuses on the growing epidemic of  financial fraud targeting older Americans, which costs seniors an estimated $2.9 billion annually.  Elder financial abuse is where financial services meet social services. It is also where legal practitioners can hop on board an emerging, highly remunerative practice area that is creating legal and JD-Advantage jobs throughout the nation.

In this volume of the 21st Century Legal Career Series, Hermann provides a guide to the Elder Law practice area, which is gaining prominence, and producing career opportunities in law firms of all sizes as well as financial services companies and governments at all levels. Buy the print edition at the NALP bookstore or the electronic version.