[quote=spdrun] . . . As far as age: a 45-47 year old will probably have a lot more connections that can be used to drum up business. Possibly even enough money saved to go to law school for cash, and kids out of the house. 40-something might actually be a good time to go to grad school and start a second career.[/quote]
Agree about the “connections” but am thinking of malpractice premiums, office space, worker’s comp prems, bus utils (in general, overhead). I don’t agree about “enough money saved to go to law school for cash.” Most of these para-professional workers don’t make a lot of money and are feeding their retirement accounts and even defined benefit plan accts every payday, not to mention pay some or all of the support of an entire family. A “40-something” still has minor children at home, that is, unless he/she was a very young parent. If that is the case, they likely don’t possess the college degree that one needs to be admitted to an ABA-approved law school.
It’s hard to see this map accurately when one is still young but life cycles can be a catch-22.