Succession Planning

When working with private companies, Schiff Hardin attorneys analyze questions relating to the most effective means of transferring control of the company. We work with clients to devise effective strategies for management and control of the company and related employment issues. As appropriate, we assist in recapitalizing private companies and help clients structure credit agreements and related arrangements to finance ongoing company operations without jeopardizing the control of the business.

With a family-owned business, our attorneys also can help create voting trust arrangements to facilitate preservation of control among family members. We also assist in designing incentive programs for key employees to give them entrepreneurial motivation without relinquishing equity or voting control in the process.

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