Respuesta :
Answer:
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Explanation:
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The firm should eliminate mandatory retirement clause as it would be beneficial for the firm to gain competitive advantage over its competitors.
What is competitive advantage?
A competitive advantage refers to the phenomenon that allows the firm to perform better than its rivals in the market. The competitive advantage helps the firm to attract more customers and achieve a competitive position in the market.
In the given case, the lawyers' retiring age is fixed. This would make the firm loose its experienced partners. If the firm eliminates the clause of mandatory retirement, it can have a team of experienced and most capable lawyers.
This could help the firm to gain a competitive advantage and help to achieve a bigger market share.
Hence, as a management consultant, I would suggest that the clause should be eliminated to achieve an economically dominant position.
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