048: Brian Hogan of Hogan Law Group discusses Showing the Way with M&As

Who is a Lawperneur? Brian Hogan of Hogan Law Group, P.C.  focuses on corporate law with a specialty in Mergers and Acquisitions.  Brian likes to say they make their clients securely profitable with their holistic approach to Mergers and Acquisitions, which includes tax planning and asset protection to reduce taxes and safeguard wealth, combined with making the necessary changes to a company’s organization and operations to produce the highest possible sale price.  Hogan Law Group’s  motto is: For M&A, we show the way.

Sponsors

My Case is a web-based legal practice management software built for the modern law firm. Start your free 30 days with My Case today. Tell them Lawpreneur Radio sent you!

Listen to the podcast

Learning Moment

• Brian tells us about one of his more challenging transactions, the sale of a local telecom business owned by five individuals.  Four of the five wanted to set up charitable structures for their share of the proceeds.  As a reflection of Hogan Law Group’s holistic approach, they were able to adapt and satisfy each of the partners desires for distribution of the proceeds.
• Brian points out that there are usually 3 destinations for the equity from a  sale:
  • 1. Family/ Friends
  • 2. Government (Taxes)
  • 3. Charities

Tell us something good

• Brian talks about representing a minority owner in a business sale.  The unique wrinkle here was that the business owners were ex-spouses.  There were many novel personal issues that threatened process.  Ultimately, they were able to complete the deal – the former marriage had big impact on deal.

What’s on your desk?

• Brian discusses the topic of planning for an equity event as they can take up to two years to complete.

Favorite Resources

• RingCentral.com
• www.lawworm.com
• Fujitsu ScanSnap iX500 Scanner for PC and Mac (PA03656-B005)
• The Wall Street Journal

Favorite Quote of the Show in a One Minute Clip

Thanks for Listening

This information is coming to you to inspire you and drive you forward. Be bigger than you know yourself to be! If you haven’t already done so, please take a minute to leave a quick 5-star review rating and honest review on iTunes by clicking here. Miranda McCroskey – host of Lawpreneur Radio