Common Sense Approach Business is complex. Your business is complex. Whether you are in a start-up mode, untangling the knots of buy-sell questions, buying or selling part or all of a business, dealing with employees, negotiating contracts, you make thousands of decisions every day.
Who do you turn to for counsel, advice and direction? Is there someone who understands you, your business and what matters to you? Who do you trust?
That is where Robinson Payne comes in. We can do the technical legal work, for sure. We help companies, business owners and executives with that all the time. Corporate governance, commercial real estate acquisition and sale, leasing, mergers, acquisitions, nonprofit organizations–we live in these and other such settings every day.
But to these legal issues we bring years of hands-on, street-smart, real-life experience, the kind of track record few lawyers have. We have bought and sold businesses, managed large staffs, retooled systems and processes. Doing what is both legal and practical makes all the difference in the world.
Robinson Payne walks with you, becoming a part of your trusted team. What we do today matters as much to us as to you, because we are never transactional, always relational–in for the long haul.
Deal Makers Not Breakers Let’s admit it. The day of handshake deals is gone. But we all want the process of documenting a loan to be sane and want the deal to close. When bankers get a lawyer involved with their loan, they are depending on their choice to minimize the bank’s risk as much as possible without killing the loan or alienating the customer with demands or the cost of the loan documentation.
That is why bankers keep coming back to Robinson Payne. They know we will strike the right balance with them and the person or business they seek to finance. How we work with everyone involved matters.
So we keep everything in the life of a loan–negotiation, due diligence, documentation, security, modifications, workouts–on track, for the best result for our client.
It is also why so many borrowers become clients. Borrowers know we can help them maximize their financing opportunities, so they want us in the picture. They also see how we approach their business, so business planning, succession strategies and even family dynamics receive our insightful attention.
Live and Leave Your Legacy The statistics remain constant: 70% of the population does not have a current Estate Plan. Among those with a net worth over $10 million, 37% haven’t even done a Will.
To state what we all know but don’t like to admit, few of us get any advance warning. We would like to believe the myth, that we always have more time. The truth: we can enjoy the best life brings, but we have to plan for the unexpected. The irony is that doing the latter increases the former.
There are lots of reasons we all tend to procrastinate, but among them is finding a lawyer you want to talk to about such sensitive issues. We understand that. That is why our clients come our way: they find out we will help them find the peace of mind that comes from setting everything in order.
Doing so in light of the legacy you want to leave, the children and family you must care for, the tax and legal hoops you can avoid–what seems daunting at first comes to be one of the most meaningful things you will ever do. We can help you get that done. Maybe you need a simple will, trusts to avoid probate, strategies to maximize taxes, even sophisticated planning. Whatever it is, Robinson Payne can promise you will receive the guidance you need to tailor what is just right for you.
Trusted Member of Your Team Companies employ attorneys when they need heightened and comprehensive attention to both their legal issues, and how those questions touch on so many aspects of the business at hand. These lawyers often bear the title of “General Counsel.”
But what happens to people whose lives take a similarly complex turn? Suddenly the neighborhood attorney can’t address increasingly complicated concerns. The attorney that once could handle a family real estate closing won’t know how to deal with multifaceted problems touching your business, finances, relationships, risks and opportunities.
This is why we struck on the concept of Personal General Counsel. It provides someone on a personal level what usually is only available to companies. We leverage, for your benefit, the unique combination of experience we have in corporate, estate planning, finance, family business, commercial activity of our own…and counseling thousands of client with tough situations. When you become one of our “PGC clients,” you gain added devotion and enduring relationship.
In today’s increasingly complex world, you don’t have to manage complexity alone. Let us walk with you, as your Personal General Counsel, on the long journey you want to navigate well.
Implementing Your Plan It has been said that the mortality rate continues to hover right around 100%. As funny as that saying is, you put the plans for your estate, finances, business and life in place because it is also true, whether we like it or not.
As important as it is to have a good plan in place, and all the papers – Trusts, Wills, Succession Plans, Banking – well-crafted, how it all plays out will depend a whole lot on the people you have put in place to aid everyone affected by loss. You want to choose those people now, before any crisis.
When we are part of your team, we not only have participated in designing plans, Robinson Payne remains on call when they have to be implemented. Not only will we tend to the technical details, but we will be part of delivering all the intention, relational sensitivity, and judgment you would want in those moments.
Leaving your legacy is often about leaving well. Combine your good planning with good administration, and you will have done it right.
Shaping the Future We’ve said it before. Many people ignore planning when it comes to their estates. Even more business owners neglect the attention they know they should give to the immediate and long-term future of their company.
It’s not surprising, when you think about it. Most people in business are busy building the enterprise, not planning for their retirement, demise, or partnership breakdown. But then the unexpected happens or time passes far more quickly than they thought possible.
The better course: take a little time periodically to answer a handful of questions about “What if?” Once you do, they can be answered more readily than you think, especially with the kind of guidance we can provide. With the buy/sell agreement, preparations to hand business off to children or employees, life insurance, retirement readiness and the like in place, you can get back to business knowing this is settled.
Integrating your thoughts into your Estate Plan, business operations, banking and personal life makes this all the more strategic. Robinson Payne can become your partner in planning it all well.
Russel G. Robinson’s law practice encompasses estate planning, business, corporate and organizational matters as well as charitable and personal matters.
In the estates and trusts area, Russ has been engaged in:
Drafting thousands of estate plans valued up to $100 million, including wills, trusts, powers of attorney, gifting plans, charitable distributions and similar transfers.
Administering trust and probate proceedings for high net worth families over multiple generations, including work with private and corporate trustees/banks.
Planning charitable distributions in connection with several national nonprofits as designated counsel, for the purpose of tax-favored gifts, trusts, annuities and other donor-advantaged objectives.
In the business, corporate and organizational area, Russ has assisted with:
Counseling entities from start-up to market value/revenues in excess of $200 million; aiding entrepreneurial launches, capital funding, mergers, sales, acquisitions and reorganizations.
Representing banks, credit unions, and other financial services entities in loan transactions, collections, bankruptcy, foreclosures, receiverships, workouts and commercial litigation.
Mediating complex commercial claims across the U.S. involving up to 43 parties in multi-million dollar disputes, based on extensive experience litigating business, financial, insurance and related issues.
In the charitable area, Russ has worked with:
Starting and advising numerous nonprofit organizations, foundations, educational institutions, churches and other charities on legal, tax exempt activity, employment, contract, publishing, and governance matters.
Creating and overseeing private family foundations and Donor Advised Funds, including formation, administration, grant-making and board governance.
In the personal law area, Russ focuses on:
Serving as Personal General Counsel for high net worth/high income individuals and families, coordinating the work of accounting, financial, insurance and other expert professionals.
Collaborating with families on business and personal succession, generational transitions and legacy-building, and conflict resolution in the process of such changes.
Instructing and consulting in the United States and internationally on legal matters, church and nonprofit organizational development, small group strategy, and leadership issues, having authored four books and actively produced multiple print, audio and video resources on related subjects.
Leading staff teams of over 200 people, managed organizational systems involving 5,000 leaders, and participating in and advising various boards, executive groups, and management teams with oversight of entities with market value/revenues of up to $200 million.
University of North Dakota School of Law, J.D., 1982
Awards; Honors; Distinctions:
Leading Lawyer, Chicagoland Area
Five-Star Professional in Wealth Management, Multiple-Year Winner
Richmond A. Payne’s law practice encompasses business, corporate, and organizational matters as well as personal and banking matters.
In the business, corporate and organizational area, Rich has been engaged in:
Representing numerous closely held family businesses including succession planning, general corporate matters, operating agreements, shareholder agreements, buy-sell agreements, consulting and employment agreements, severance and non-compete agreements, asset, stock and real estate sales and purchase agreements.
Representing not for profits, family foundations and other charities.
Serving as outside General or Special Counsel for numerous Chicagoland companies, including companies recognized in Crain’s Chicago List of Largest Privately Held Companies, Fast 50 (Fastest Growing Companies) and Largest Women-Owned Firms.
Serving as General Counsel for Rust Communication, Inc. and subsidiaries, one of the largest independent, family owned newspaper chains in the United States, comprised of daily newspapers, weekly newspapers, radio stations and commercial and quick printing operations.
Structuring hundreds of new companies.
Completing numerous acquisitions and sales of businesses and assets, stock and real estate.
Representing companies in spin-off of various real and personal properties into limited liability companies operating in several states and in restructuring to allow for minority interest holders.
Representing borrowers in numerous loans ranging from small loans to $55 million.
In the personal law area, Rich has focused on:
Serving as the Personal General Counsel for high net worth/high income individuals and families.
In the banking area, Rich has focused on:
Serving as Approved Counsel for many Chicagoland area banks including JPMorgan Chase Bank, BMO Harris Bank, Wintrust Banks, The Huntington National Bank, American Commercial Bank & Trust, Wells Fargo Bank, Fifth Third Bank and Northern Trust Company.
Previously served as the Outside Regional Counsel for Union Planters Bank, N.A., one of the 30 largest banks in the United States at the time and was responsible for 25 branches in 10 cities comprised of nearly $1 billion in assets.
St. Louis University School of Law, J.D. 1987
Articles Editor, St. Louis University School of Law Journal; American Jurisprudence Award
Westminster College, (Fulton, Missouri), B.A., Political Science, 1984
Recognized by Missouri Lawyers Weekly as an expert in banking matters and quoted (page 1) regarding a bank’s duty to inquire and a recent Missouri Supreme Court decision on the same
Published legal writing: “A Proposed New Tort Cause of Action for Breach of the Implied Covenant of Good Faith & Fair Dealing in Commercial Contracts in Missouri,” St. Louis University School of Law Journal
Rich has actively been involved in his community serving in Director, Officer and other capacities in his church, United Way, Young Life, Crime Stoppers, Chamber of Commerce and Lions Club. He is a former board member and then Chairman of the Board of Bright Hope International and a member of the Hoffman Estates Economic Development Commission and Board of Governors of The Northwest Executive Club of Chicago.
Robinson Payne - A Law Firm Focusing on Business, Banking & Estate Planning conveniently located in Hoffman Estates, Illinois serving suburbs of the Chicago area such as Schaumburg, Inverness, Palatine and Barrington