Profile

Philip L. Chapman, Esq.

Mr. Chapman concentrates in counseling small to medium-size businesses, including those which are family-owned. His areas of concentration include forming a business, shareholder and limited liability company agreements, buying a business, buying a franchise, selling a business, confidentiality and non-compete agreements, employment agreements, sales representative agreements, distribution agreements, buying, selling and leasing real estate, listing and commission agreements for real estate brokers, and legal issues involved in voluntary auctions of real estate.

Mr. Chapman graduated Princeton University, received his legal degree from Harvard Law School and is a member of the New Jersey Bar. He is Of Counsel to the firm of Lum, Drasco & Positan, LLC of Roseland, New Jersey. See, The Firm.

He enjoys the top rating “AV” in the Martindale-Hubbell Legal Directory, for over 15 years he has been listed in “Best Lawyers in America” as one of the best corporate lawyers in the State of New Jersey.

Mr. Chapman was featured in the March 10, 2008 issue of FORTUNE magazine and is currently featured on 'AMERICA'S PREMIER LAWYERS' show on Continental Airlines Sky Radio Network. For more information See details and press release.

For over 15 years Mr. Chapman has been listed as one of New Jersey’s best business lawyers a publication known as “Best Lawyers in America”. Mr. Chapman has recently been named as New Jersey Super Lawyer for 2007. Considered among the best in their profession, Super Lawyers represents that top 5% of the practicing attorneys in New Jersey. The New Jersey Super Lawyers were selected by their peers in an extensive nomination and polling process conducted by Law & Politics and published in a special advertising section in the 2005, 2006 and 2007 issues of the New Jersey Monthly and New Jersey Super Lawyers magazine.

Mr. Chapman lectures from time to time for the New Jersey Institute of Continuing Legal Education (“ICLE”), Lorman Education Services and other educational forums, including to accounting firms for their continuing professional education credits, on such subjects as such subjects as forming new business entities, buying and selling a business, buying a franchise, second stage financing of closely-held businesses, shareholder and limited company agreements, family businesses, post-employment non-competition agreements, and commercial leasing. He has also lectured to the commercial/industrial real estate brokers on aspects of commercial and industrial leasing and to the Mid-Atlantic Business Brokers Association on the subject of managing the attorneys on both sides of the deal, and to the New Jersey State Auctioneer's Society on the various aspects of the auctioning of real estate and personal property.

Some things that Mr. Chapman’s clients say:

	“You are a deal-maker-not a deal-breaker like too many lawyers”
	“You have a practical tough for business, which is rare among lawyers”.
	“I can actually read and understand your agreements!”

How should a lawyer go about assisting a client in a business transaction?

See Areas of Concentration

See Mr. Chapman’s thoughts in an interview conducted by Business News New Jersey.

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