Gary P. Bauer’s Hire and Retire: A Plan for a Continuing Income Stream in Retirement from Any Practice demonstrates from the outset the author’s sales background—a punchy and memorable title, followed by a lengthier subheading that communicates what he considers to be the major value contained in this book.
Now, this sounds like it’s a setup for a criticism, but I don’t want it to be read that way at all. Professor Bauer overdelivers with this book. Any solo attorney who is considering leaving the practice of law and hopes to convert the experience, relationships, and goodwill built over decades into an asset that will survive retirement should read this work carefully. After a thorough discussion of the ways that a solo practice can peter out, or worse, explode spectacularly, he walks you through the ways by which a senior attorney can bring on a junior to assume control of the practice—and pay for the privilege.