Practice Area

You and your management will have to deal with multifaceted problems in steering your business through many different transitions or even challenging economic times.  The Philadelphia resignation and transition planning lawyers at the Jacobs Law Group, the law firm for businesses in the Greater Philadelphia Area, can provide you counsel and assistance through all of these business transition issues.

Multifaceted Business Issues

Whether your business is a startup, family-owned business, or private equity backed company, you will have to deal with many issues including borrowing debt or raising capital to fund the company’s growth, dealing with the economic problems of too much debt, deciding on mergers, acquisitions or sales, dealing with partnership issues, terminating founders or other key managers, and even facing difficult business succession issues.

These multifaceted problems often involving numerous parties and factions, owners, senior management, key employees, lenders, investors, customers, vendors, employees and even family.  In some cases, these can truly be “bet the company” type decisions.

If the problem is not effectively managed, whole groups of working owners and key employees may elect to leave the company, causing you an extreme business emergency.

Our Services for Business Transition Planning

The experienced and skilled attorneys at the Jacobs Law Group (JLG), your Philadelphia lawyers, can help you navigate through these dangerous waters.  At JLG, our attorneys have decades of helping our clients deal with all sorts of issues that come up in the life of a business.

For example, advising parties in transitioning out unproductive partners, expelling parasitic partners, dividing companies when the owners could not work together any more, or generational succession issues or even advising directors on their legal obligations in dealing with sensitive information on corporate wrongdoing that has come to their attention, we have a wide variety of experience that can help you ride out the storm.  At JLG we understand business, even being involved in other ventures and gaining hands-on business experience; including successfully selling an ongoing business.  And our experience in doing all the things that you have to do gives us a true business edge. Simply put, we understand the risks of business and risks in each choice you have to make.  While we can’t make decisions for you, we can counsel you based on our knowledge and experience.
We have a unique experience in:

  • Ownership and Equity Issues
  • Partner Transitions
  • Capital and Debt Transactions
  • Counseling on Debt Restructuring
  • Mergers, Sales, and Acquisitions
  • Succession Advice
  • Family and Generational Successions
  • Bet the Company Litigation

Ending a Business Relationship

We bring skilled business and legal judgment honed by years of practice to facilitate and ease our clients through difficult career transitions in their lives. We understand that breaking the bonds that tie you to a long-time employer or professional practice firm and to your old colleagues or partners is never an easy task, nor undertaken lightly.

But when that organization is no longer suited to your practice, your career, or your ambitions, a move forward must be taken. We provide keen legal insight of the laws applicable to your situation whether found in Employment Agreements, Non-Compete Agreements, Partnership Agreements, Stock Award Agreements, Invention Agreements, Profit Sharing Plans, statutory enactments, or under common law. We take into account not just the legal obligations under contract but we also analyze the fiduciary duties for our clients who are officers and directors and how they impact the career choices they urgently desire.

But we don’t leave the analysis there. We analyze the business options open to you considering the likely outcome of any legal battle. We also assess how your old firm or employer will initially view the situation and consider tactics to bring them to an amicable arrangement.

Who We Represent

We have represented medical doctors, medical scientists, and medical pharmaceutical researchers resigning and transitioning out of, inter alia:

Orthopaedic practices
Orthopaedic surgical groups
Hospital trauma groups
Dermatology practices
Pharmaceutical companies
Hospital practices
Oncology practices
Research positions
We have represented lawyers and accountants resigning and transitioning out of, inter alia:
International law firms
Regional law firms
Local law firms
Regional accounting firms

We have represented executives (C-Level and others) resigning and transitioning out of, inter alia:

Recruiting firms
Consulting firms
Private equity firms
Mining and industrial drilling firms
Petroleum companies
Banking companies
Technology companies
Start ups
Cable and telecommunication industry companies

Contact a Philadelphia Attorney for Resignation and Transition Planning Issues

Call on the Jacobs Law Group for advice on the complicated business issues that you are facing today. You need an experienced Philadelphia resignation and transition planning lawyer to guide you.

Get The Winning Business & Litigation  Services You Need
Get The Winning Business & Litigation Services You Need
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    Marlton, NJ
    Five Greentree Centre
    525 Route 73, Suite 104

    Marlton, NJ 08053
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    One Logan Square
    130 N. 18th Street, Suite 1200

    Philadelphia, PA 19103
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