From sole practitioners to partnerships and limited liability companies, there is not one that is not going to rethink its compensation methods and exit strategies in the next few years. Many firms have not properly addressed how they are going to exit with full value from what they have built. This books shows how to achieve that success. It begins with compensation strategies that will keep key people. It proceeds through succession strategies that will identify and secure those that will stay to pay them out. And it shows the different ways to succeed in the largest transaction of the career, the "pay out."