Business + Corporate Lawyers
Award-Winning Team
Licensed in MN, WI, + ND
80+ Years of Experience
100% 5-Star Reviews
Trusted Advisors to Closely Held and Family-Owned Businesses in Minnesota + Wisconsin
Businesses face legal challenges at every stage of their lifecycle. Whether you're launching a new venture, managing day-to-day operations, planning for growth, negotiating a transaction, addressing a dispute, or preparing for succession, the decisions you make today can have lasting implications for the future of your business.
At Lommen Abdo, we advise business owners, entrepreneurs, closely held businesses, family-owned companies, and larger organizations throughout Minnesota and Wisconsin. Our attorneys provide practical, cost-effective legal counsel tailored to the realities of running and growing a business. We take the time to understand your legal and business goals and build strategies that align with them.
Running a business requires navigating and understanding a wide range of legal and operational issues. Ownership structures, contracts, employment matters, real estate concerns, tax considerations, succession planning, and disputes often overlap. Our attorneys collaborate across practice areas to help clients navigate these challenges efficiently while maintaining a focus on long-term success.
Business Ownership and Growth: What You Should Know
- Closely held and family-owned businesses often face unique challenges involving ownership, governance, succession, and long-term planning.
- Business decisions frequently involve legal, operational, financial, tax, ownership, and governance considerations that must be evaluated together.
- Ownership transitions, mergers, acquisitions, and succession planning often benefit from early legal guidance.
- As businesses grow, their legal needs frequently become more complex and interconnected.
- Business disputes may arise from contracts, governance issues, ownership disagreements, fiduciary duties, or succession conflicts.
- Effective legal counsel should support both day-to-day operations and long-term business objectives.
Clear agreements and proactive planning can help prevent disputes between owners and business partners.
Why Choose Lommen Abdo
- Many of our attorneys serve as trusted advisors to closely held businesses, family-owned companies, entrepreneurs, and business owners throughout Minnesota and Wisconsin.
- We often function as outside general counsel, providing practical guidance across a broad range of legal and business issues as they arise.
- We develop long-term relationships with business owners and leadership teams, allowing us to provide advice informed by each company's unique goals and challenges.
- We emphasize practical, cost-effective solutions that support both immediate business needs and long-term goals.
- Our attorneys understand that legal decisions often have operational, financial, tax, employment, and succession implications that must be evaluated together.
- When matters require additional perspective, clients benefit from a collaborative team approach that draws on experience across multiple practice areas.
What We Do
- We help clients select, form, and structure business entities that align with their operational, ownership, and tax objectives.
- We prepare, negotiate, and review contracts, operating agreements, partnership agreements, buy-sell agreements, and other key business documents.
- We advise businesses on governance matters, ownership issues, financing arrangements, and strategic planning initiatives.
- We assist clients with mergers, acquisitions, business sales, ownership transitions, and succession planning.
- We represent businesses and owners involved in shareholder disputes, business divorces, valuation disputes, and other ownership conflicts.
- We help businesses address disputes involving contracts, ownership issues, fiduciary duties, and other matters that may require negotiation, mediation, litigation, or appeal.
- We advise clients on commercial transactions, strategic business decisions, and operational challenges that arise throughout the business lifecycle.
Frequently Asked Questions
What types of businesses does Lommen Abdo represent?
We work with businesses of all sizes, including startups, closely held businesses, family-owned companies, professional practices, and larger organizations throughout Minnesota and Wisconsin
What does it mean to serve as outside general counsel?
Many businesses do not need a full-time in-house legal department but still benefit from ongoing legal guidance. As outside general counsel, we provide practical advice on a wide range of legal and business issues as they arise.
Why are buy-sell agreements important?
Buy-sell agreements help establish procedures for ownership changes, business succession, valuation issues, and other events that can affect the future of a business. A well-drafted agreement can help avoid disputes and uncertainty.
How can legal planning help family-owned businesses?
Family businesses often face unique challenges involving ownership transitions, succession planning, governance, and family dynamics. Early planning can help protect both the business and family relationships.
What is a shareholder dispute?
Shareholder disputes arise when business owners disagree about management, compensation, ownership rights, business strategy, succession planning, or other important issues. These disputes often require both legal and practical solutions.
Can Lommen Abdo assist with mergers and acquisitions?
Yes. We help clients evaluate, negotiate, structure, and complete mergers, acquisitions, business sales, and other transactions involving the purchase or transfer of business interests.
Contact Lommen Abdo
Whether you are starting a business, managing growth, planning for succession, negotiating a transaction, or addressing a dispute, Lommen Abdo is here to help. Contact our team to discuss your business goals and legal needs.





