DON S. HERSHMAN | Principal

Phone:  312.445.9699
Fax:  312.445.9656
Email:  [email protected]

Don has extensive experience with respect to corporate finance matters, mergers and acquisitions, and other business and financial transactions.  Don represents a wide range of clients, both closely and publicly held, involved in numerous industries including manufacturing; technology; art handling, installation and storage; air patrol; distribution; and real estate.   Don’s mergers and acquisitions practice encompasses stock and asset acquisitions and divestitures; management and leveraged buyouts; and contests for corporate control, including tender offers and proxy solicitations.  Don also serves as outside general counsel to many of the firm’s clients. In the area of securities law, Don’s work includes private equity and venture capital financings; public and private REITS; and counseling clients concerning governance matters, executive compensation, fiduciary duties and strategic planning.


  • Certified Public Accountant
  • Member, American Bar Association (Section of Business Law)
  • Recognized by the Leading Lawyers Network as a top Illinois lawyer in the areas of corporate finance, mergers and acquisitions and securities and venture finance (2007-2016).
  • Contributed to the Governance and Oversight section of the 2008 edition of the Family Business Shareholder’s Handbook. His chapter, “Professionalize Your Family Firm,” examines how instituting effective governance and managing family dynamics can help companies improve performance and plan for succession.


  • Committee Member for the Cohn-Weil Memorial Golf Outing for Multiple Sclerosis which raised over $1,100,000 in 2015 for statewide MS research, programs and services.
  • Co-founder of The Sterny Way Foundation, an organization whose principal purpose is to provide need-based funding for children to support their participation in school and/or community sponsored athletic programs. The Foundation expresses a “pay it forward” philosophy by providing assistance to those student athletes whose opportunity to partake in sports is diminished because of economic hardship.  The Foundation was formed in honor of Gregg Sternaman, a football and baseball coach at Highland Park and Libertyville High Schools.
  • Don helped in the creation of a program which awarded scholarships to two University of Illinois College of Business honor students annually.
  • Don is a member of the Cystic Fibrosis Foundation-Greater Illinois Chapter.


  • Loyola University School of Law J.D.
  • University of Illinois B.S., with honors
  • Don is admitted to practice in Illinois


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