David B. Solomon
2 North LaSalle Street Suite 1300
Chicago, Illinois 60602
- David's Insights
David Solomon is the chair of the firm's Corporate & Securities Group. David has extensive experience in structuring and consummating mergers and acquisition transactions and in representing banks, mezzanine lenders and private equity firms when they make investments in companies.
David adds value as a transactional lawyer through organization and collaboration with other members of a deal team to get the deal done efficiently. Instead of simply raising legal issues without considering a client's business objectives, he focuses on being a problem-solver by proposing creative solutions to issues that allow deals to move forward. He also regularly spends time reviewing market data and networking with other service providers, critical to be able to help his clients assess whether they are getting a good deal.
David also represents many middle-market companies in a "general counsel" capacity by handling various business law issues. He spends time developing personal relationships with each of his clients, knowing the insight gained from those conversations is crucial to serving as a better advisor to the company. David works to show his clients that when they need a legal resource, they can rely on his advice and judgment because he has taken the time to meet with the owners and executives of the company to understand their business and their appetite for risk.
Upon joining Levenfeld Pearlstein in 2009, David founded and currently serves as the head of the firm's Employee Stock Ownership Plan (ESOP) practice, which serves clients who are involved in various types of transactions involving ESOPs. In addition to working on ESOP transactions and advising ESOP companies, David is a member of the board and formally served as the Executive Vice President of the Illinois Chapter of the ESOP Association and is also on the board of directors of the National Center For Employee Ownership (NCEO). David has lectured frequently on ESOPs and has published articles in various publications about how ESOPs are an effective business succession strategy.
Bar Admissions: Illinois, 1994
Court Admissions: U.S. District Court, Northern District of Illinois
U.S. Supreme Court
Education: DePaul University College of Law, J.D., 1994
University of Michigan, B.B.A., 1991
Memberships: Board Member of the National Center for Employee Ownership
Former Executive Vice President - Illinois Chapter of the ESOP Association
Member of Trusted Advisor Group #1174 of Vistage International
Former Member of Corporate Leadership Committee of Chicago Chapter of the Leukemia and Lymphoma Society
Past President of Jewish Council for Youth Services (JCYS)