When they’re represented by a lawyer who’s appropriately skilled, the attorney can keep the interference with the business down to really a minimum. The document assembly is going to have to be undertaken, but that can be done in a way that is not disruptive to the business whatsoever. The business valuation experts may conduct what’s called a “management interview,” where the expert is allowed to ask questions of the person who operates or owns the business, which can sometimes take two or three hours but is not overly disruptive. That can be scheduled at a time and a place which is convenient for everyone who’s involved. Beyond that, there isn’t really much interference in the operation of the business. The rest of the work actually happens behind the scenes and is not disruptive to the business activities.
Chuck Roberts is family lawyer at Momkus McCluskey Roberts, LLC, one of the largest law firms in DuPage County, Illinois.