Jim is a partner in HMB’s Business and Finance Group. He focuses his practice on start-up and early stage financings, mergers and acquisitions, contract negotiation and providing counsel to company executives and their boards of directors.
Jim represents businesses from their beginnings through initial financing, growth initiatives, subsequent financing and ultimate liquidity. While a large portion of Jim’s practice is centered in the technology space, Jim also represents entrepreneurs who seek to purchase, operate and grow established businesses in areas such as marketing, packaging, manufacturing and distribution.
Jim also provides general counsel services related to business transition, employment issues, partnership and LLC agreements and securities matters. Jim’s general counsel clients include professional service firms, health care providers and payors, retailers and outsourced business service providers
A presence in Chicago’s start-up community, Jim leads HMB’s relationship with and sponsorship of Hyde Park Angels, the most active angel investment organization in the Midwest. Jim serves as a mentor at the business accelerator Techstars Chicago and advises at the Polsky Center for Entrepreneurship and Innovation at the University of Chicago’s Booth School of Business as well as Food Foundry, a food start-up accelerator housed at 1871, Chicago’s Technology and Entrepreneurship Center.
A Business-Savvy Approach
Clients rely on Jim for more than legal advice; they appreciate his respect for the human elements of both their transaction and their business. With decades of experience, Jim’s approach is informed by listening first and simplifying the difficult. Jim’s focus is helping his clients get to “yes,” whether that’s a closed financing, a signed contract or a successful business sale.
University of California at Los Angeles, J.D.
Northwestern University, B.A
HMB represented Quantitative Insights, developer of QuantX, the first-ever FDA-cleared computer-aided breast cancer diagnosis system in radiology, in its sale to Qlarity Imaging, a portfolio company of Paragon Biosciences. Quantitative Insights was founded at the University of Chicago around technology developed at the University and with the support of the University’s Polsky Center for Entrepreneurship and Innovation. Paragon is a…
Lightstream, a Chicago startup that makes cloud-based video production software, announced their $8 million funding round led by Drive Capital. Lightsream's vision is to provide video content creators of all levels with professional-grade production and editing tools through the service's browser-based or downloadable software. Read more about Lightstream and their Series A here. HMB's team was led by Jim Jerue, Renee…