Are you a solo practice lawyer with retirement staring at you in the face? What about a small firm owner in the same situation? Have you thought about your exit strategy? Cashout or retirement?

It’s never too early to plan. Do you have a plan?

Are you simply going to close the doors and walk away? That would be a shame after putting your heart and soul into your career for so many years. But I see it happening in staggering numbers. A colleague of mine worked for over 40 years building his successful practice, only to close the doors and walk away. That’s money, big money he left on the table. No reward at the end of a long and successful career. It doesn’t make any sense.

Read more here.