Saul Ewing starts practice in Md. for family-owned firms
The establishment of the Firm’s Family Business Practice is featured in this article, which cites statistics showing the prevalence of family businesses in America and the unique issues they face, which include family dynamics and business succession.
"You get into the classic situation where the senior generation doesn’t want to give up control," said Barry F. Levin, chair of the Family Business Practice. "The younger generation doesn’t want to wait for the senior generation to give up control."
Robert H. Louis, co-chair of the Personal Wealth, Estates and Trusts Practice will be part of the new group, as will attorneys from throughout the Firm's 10 offices.