Sooner or later, in one way or another, it comes to us all. The realisation that you are no longer a “teen-age whizz kid” but have reached the end of your professional career can be painful in the extreme. Among other uses, this book helps to alleviate the pain & demonstrates that there is life after partnership. It is essential reading for those reaching the end of their professional careers & should be on the shelves of every law firm library as a guide to terminating partners’ tenure in the most civilised way possible. “BE nice,” the book urges but Ronnie Fox, its editor, can testify from his own long professional career how many relationships end nastily.

The second edition of this invaluable book deals with changes in the law especially on the tax front since it first appeared. It can & should be read from end to end initially & also used as a valuable work of reference. In that connection, an index would be helpful. There is a considerable difference between the technical chapters which are packed with detailed information for the point of view of the firm on the one hand & the outgoing partner on the other, as against the more general ones dealing with psychology, investment & subsequent careers. This difference in pace makes the book far more interesting than the standard legal text book. Ronnie Fox is to be congratulated for seeing the gap in the market & filling it so effectively.

– Michael Simmons

It’s encouraging to see the subject of retirement being discussed more openly...What sets this book apart is its focus on an area rarely covered elsewhere: the tax and accounting process at the end of a partner’s career... This book highlights the issues and provides useful checklists to help reduce the risk. But it also reminds us that partners may have another 10, 20 or even 30 years of meaningful engagement with business and society. They can be ambassadors, mentors, and catalysts for change.

– Victoria Tomlinson

Partner Retirement in Law Firms: Strategies for Partners, Law firms and Other Professional Services by Ronnie Fox is a necessary read for all of us. Retirement can be sudden, brutal and unexpected so we need a book like this to advise us. Lawyers are often excellent at supporting clients but not always as good at advising themselves. The book looks at retirement from the firm’s perspective, the individual concerned, accounting and tax consideration, financial aspects and what’s next after retirement.

– Law Society Gazette