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Frederick Lipman Authors The Family Business Guide

Blank Rome is pleased to announce the release of senior partner, Frederick D. Lipman’s new book, The Family Business Guide (Palgrave Macmillan – 2010).

 Approximately 80% to 90% of all businesses in the United States are family-owned businesses. The book offers practical advice on best and worst practices for family businesses, including succession planning, corporate governance, compensation strategies, sale of the family business and IPOs. The book also includes examples from actual court cases and presents these lessons in an accessible manner. In addition, sample legal agreements are included to help the reader avoid some of the major risks to the family business.

 “The Family Business Guide takes the mystery out of some of the most important, yet rarely faced family business ‘hot spots’ – wills, pre-nups, compensation, employee agreements, shareholder agreements, and more,” says John L. Ward, Kellogg Professor and Principal of The Family Business Consulting Group. “Keep this book nearby: It is both a clear guide to several once-in-a-lifetime decisions (i.e. selling the business, facing a financial crisis, planning your estate), but also a great, regular reminder of practical everyday best (and worst) practices.”

The book is available in all national bookstores and on Amazon.com.

Mr. Lipman, a Harvard Law School graduate, has represented family businesses for more than 50 years and has been a member of a family business. He has taught in the MBA program of the Wharton School of Business and the University of Pennsylvania Law School. Mr. Lipman is an internationally known authority on business law, has appeared on CNN, CNBC, Bloomberg, and Chinese television, and has been quoted in the Wall Street Journal, USA Today, Forbes, and other publications. He is the author of 12 other books, including Corporate Governance Best Practices (John Wiley & Sons, Inc. 2006) which is used in a number of universities around the world and Executive Compensation Best Practices (John Wiley & Sons, Inc. 2008), which was recently cited by the SEC in changing compensation disclosures for all public companies.