Sometimes Your Business Just Needs a Great Lawyer — Go Find that Lawyer

Opening scene: It was a nightmare for my friend Mary. Over the past decade – she and her business partner had created a thriving real estate development firm. With what had been until recently a great working relationship. Now her business partner was in the early stages of Alzheimer’s. Across from Mary that morning sat her business partner’s wife and adult children. They were understandably upset. They seemed scared. And they were making demands of Mary relating to the firm’s future. Then Mary reached into her briefcase. Flashback to 10 years earlier: The phone rang on my desk at a law firm in Manhattan. It was my friend Mary – with great news: She was about to launch a real estate development firm in another city – and she’d be doing this in partnership with one of her business school professors. Exciting prospects. But Mary was concerned: How do I protect myself legally? What are my duties to a co-owner? What are my…

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