Donald Katz has been practicing business law for a long time. He recently worked as tax counsel for the combat systems group at General Dynamics and held a similar position at Miller Canfield before that. Today he is celebrating the first anniversary of his own practice,
The Katz Law Firm.
"I wanted to do it on my own," Katz says. "I got sick of working for other people."
The downtown Birmingham-based practice focuses on providing law services and counsel for small businesses. Think legal and tax issues arising from the ownership and operation of small- and medium-size businesses, specifically in family-owned and closely-held businesses. It was a natural fit for an attorney who spent 14 years helping other people build their businesses.
"This has always been my focus," Katz says.
The Katz Law Firm recently launched a program to provide legal services to socially-conscious business ventures. The program waives the legal fees for investors and entrepreneurs setting up a low-profit limited liability company, commonly known as an
L3C.
"It's a new type of entity in the corporate landscape," Katz says. "It's supposed to get socially-conscious entrepreneurs interested in forming their own entity." He adds, "It's the perfect avenue for certain type of entrepreneurial ventures."
Katz hopes to help about half a dozen L3Cs form and get established over the next year.
Source: Donald Katz, managing member of The Katz Law Firm
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at SEMichiganStartup.com.
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