Business Law

Privately Held Businesses

Privately held businesses have unique legal and business needs that range from corporate governance to financing to succession, tax and estate planning, among others. For many years, Quarles & Brady LLP has had a group of attorneys who spend the majority of their time representing and serving as trusted advisors to these businesses.

With an emphasis on individual attention and service, members of the firm’s Privately Held Business Practice Group focus on all facets of the legal and business needs of privately held businesses and their owners. In doing so, we are accustomed to wearing many hats and understand that clients frequently look to us to serve as a sounding board on business and family matters, as well as legal matters. We make it a point to obtain a thorough working knowledge of our clients’ business practices, industries, organizations and strategic goals and objectives, which is critical to effective representation and long-standing relationships. Not only do we bring broad experience in corporate, tax and estate planning matters, but we also have significant experience in a number of important specialty areas, including intellectual property, litigation, labor and employment, employee benefits, environmental, immigration and real estate.

Our Clients

From large enterprises with global operations to small family businesses to entrepreneurial start-ups, the firm’s Privately Held Business Practice Group helps clients achieve their goals and objectives and solve problems— creatively, effectively and efficiently. Many of our relationships with privately held businesses go back decades.  

Our Practice

We regularly help privately held businesses and their owners with the following:

  • Planning, structuring and forming new businesses
  • Structuring relationships among owners, including buy-sell agreements
  • Advising on corporate governance matters
  • Serving as outside general counsel, especially by triaging and engaging specialized experts as needed with respect to all legal needs of the client, including those related to intellectual property, litigation, labor and employment, employee benefits, environmental, immigration and real estate
  • Advising and assisting management on day-to-day operational and business matters
  • Drafting, reviewing and negotiating a wide range of commercial agreements
  • Planning and coordinating credit transactions, reorganizations, restructurings and recapitalizations
  • Advising on executive compensation plans and arrangements
  • Tax, estate and gift planning
  • Succession planning
  • Evaluating investment opportunities
  • Exit strategies
  • Dispute resolution, including serving as a sounding board with respect to difficult matters before they rise to the level of litigation
  • Family office formation, launch and ongoing support
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