Archives: Beyond Business

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On the Horizon: Will the 2017 Real Estate Market Affect Your Family Business?

Many family offices and established family businesses have a great deal invested in real estate.  For some, these are active investments involving development, construction and sale.  For others, these are either residential properties in use or commercial properties held for the long term.  In any event, while the real estate markets have been str… Continue Reading

Reflections on Selling the Family Business

It is fall again.  A time for reflection.  In that spirit, we bring you an article published by the New York Times this past summer that describes the lessons learned by owners through the process of selling their family business.

In addition to reflecting on the emotional aspects of selling a family business to which the owners have often dedicated their lContinue Reading

(Not) All in the Family

On June 7, Davis Wright Tremaine hosted its annual Farm To Label event at the Nines Hotel in Portland, Oregon.

The event was an unqualified success, drawing hundreds of registered guests, including industry experts, business owners and operators and funding sources of all kinds.

We were proud to hear attendees and participants alike once again refer to it … Continue Reading

Around the Pacific Northwest: Family Business Events You Won’t Want to Miss

Davis Wright Tremaine is proud to be involved in many events in our community, in order to foster a substantial network and show support of our peers. Not only do we plan multiple family business events to gather leaders in the industry within our own offices, but we are also involved in many other events and speaking opportunities around town. The coming summ… Continue Reading

Introducing: The Family Owned Business Guide

Davis Wright Tremaine is excited to announce the release of its:

Family Owned Business Guide

The Guide is the latest offering from Davis Wright Tremaine to help us connect with the family business community in the markets we serve.  The Guide introduces the members of the family business team at Davis Wright Tremaine, highlights some of our exceptional fa… Continue Reading

Philanthropy and the Family-Owned Business

What’s the role of philanthropy in a family business?

Does philanthropy fulfill a need in the family to identify, state and support its values, and perhaps tie those values to the success and longevity of the business? Many family-owned businesses consider their success to be related to a values-centered understanding among multiple generations.

We a… Continue Reading

New Year’s Resolution – Easy First Steps Toward Succession Planning

Time passes way too quickly.  With the blink of an eye, another year is almost gone.  For those of you who had resolved to begin the succession planning process this year, it’s not too late.   Northwest Farm Credit Services has two webinars that are informative and an easy way to start:

Family Business Basics

In this 45-minute webinar, NW Farm Credit… Continue Reading

Capitalizing on Intellectual Property

No matter what your line of business, your family business has intellectual property and it is worth protecting – In 1886, while working in the basement of his parent’s home, John Stith Pemberton developed the formula for a medicinal beverage made from wine and coca leaves which he marketed and sold as a pain reliever. For years, Pemberton and his family… Continue Reading

Smarties and Irrigation – Passion is the Common Denominator in Multigenerational Family Businesses

Recently, Ed Newbegin and Sue Russell of RM Wade & Co. shared the story of their 150 year old family business with other family business owners as part of Davis Wright Tremaine’s Family Business Legacy Series in Portland.

From pioneer beginnings navigating the Oregon Trail, to setting up shop in the Dalles in 1862, to a recent expansion into the … Continue Reading

Extra-long twin sheets, emergency credit card, and… Advance Directive and Power of Attorney(!?)

As you pack up extra-long twin sheets and the emergency credit card for your college-bound child, don’t forget to pack her legal documents.

Though your high school graduate doesn’t seem too independent while you are still paying tuition and including him or her on your health insurance plan, when your child turns eighteen, he or she becomes an adult.

&n… Continue Reading

Joe Weinstein is the “Lawyer of the Year” for Family Businesses Law in Seattle!

The current, 22nd edition of The Best Lawyers in America (2016) is compiled from detailed, confidential evaluations of lawyers by other lawyers. Based on those surveys, Best Lawyers designates a single “Lawyer of the Year” in each of several high-profile specialties in major legal markets. One attorney is given the honor in each practice, in each mar… Continue Reading

Honesty in Family Communications Goes A Long Way

Chris Thompson of Reuters wrote an interesting article highlighting the usefulness of communication among family members and generations regarding the family wealth.  He debunks the theory that the next generation should be kept in the dark lest they feel “entitled.”  Some family businesses might find this a refreshing approach that could make … Continue Reading

Values and American Family Businesses

Starbucks recently announced an initiative to promote a national conversation about race relations and racial diversity in the United States. Although it has met with some public backlash, Starbucks and its chief executive office, Howard Schultz, have firmly defended the program. Mr. Schultz clearly feels strongly about the issue and is using his very … Continue Reading

Family Business Disputes

Professor Benjamin Means of the University of South Carolina Law School has written a compelling article about the distinguishing characteristics of family business disputes.  In his article, he effectively makes the case that any legal advisor must appreciate that family businesses are governed both by business law and family law – and a practitio… Continue Reading