Allison Plunkett

Allison Plunkett: Strategic Legal Counsel for Business and Real Estate

Smart answers only come from smart questions. I actively listen to thoroughly understand what is driving your issue. With a clear vision of the big picture, I can advise you on the most effective resolution for your immediate situation and the long-term growth of your business. My goal is to help you actively move forward to achieve your objectives while ensuring that you and your business are protected. Whether you are forming, buying or selling a business, seeking advice for your business operating needs, or are conducting real estate transactions, I am here to guide you.

I specialize in providing comprehensive legal solutions for corporations and individuals across a broad spectrum of business and operational matters. My approach is centered on proactive counsel, identifying potential risks, and developing tailored strategies for sustainable success. I’m dedicated to building long-term relationships founded on trust and delivering exceptional legal outcomes.

Key Practice Areas

Business Organizations & Closely Held Companies: I offer expert guidance on all aspects of business formation, governance, and ongoing operations. This includes advising on the optimal choice of business entity – individual owner, LLC, S-Corp, or C-Corp – crafting robust governance structures and operating agreements, ensuring tax compliance, and facilitating the formation of joint ventures.

Mergers & Acquisitions: I assist clients with navigating complex transactions involving the purchase and sale of businesses and ownership stakes, specializing in structuring deals to maximize value and mitigate risk. My experience extends to detailed due diligence processes and contract negotiation, ensuring favorable outcomes for my clients.

Real Estate Law: I represent clients in a variety of real estate matters, providing legal support for commercial and residential property transactions, leases, dispute resolution, and related matters. This includes comprehensive due diligence, preparation for closings, and navigating landlord-tenant disputes.

Specific Services Offered:

• Contract Negotiation & Review: I meticulously review and negotiate contracts to protect your interests and ensure favorable terms.
• Business Operating Guidance: I provide strategic counsel on a wide range of business operations, from initial setup to ongoing compliance.
• Joint Venture Formation: I assist in structuring and implementing successful joint ventures, minimizing risk and maximizing potential.
• Purchase & Sale of Business Assets: I guide you through the complexities of buying or selling business assets, ensuring a smooth and legally sound transaction.
• Real Estate Transactions: I handle all aspects of real estate transactions, from purchase and sale agreements to lease negotiations and dispute resolution.
• Corporate Governance & Compliance: I help businesses maintain robust corporate governance structures and ensure compliance with all applicable laws and regulations.
• Tax Considerations: I work closely with tax professionals to address tax implications in business transactions and operating decisions.

Closely Held Businesses - A Specialized Focus: I have a particular passion for working with closely held businesses at every stage of their lifecycle. From initial formation or assisting with the acquisition of an existing business, through ongoing counsel as a trusted business advisor, to ultimately facilitating a successful sale, I provide dedicated support and strategic guidance. I excel at developing ideal operating structures that support growth, innovation, and, most importantly, strong legal protection. I utilize careful questioning during the planning stages to pinpoint key issues and potential risks within transactions, enabling the development of comprehensive strategies.

Recognition & Awards

I am proud to be recognized as a leading attorney in my field:

• Recognized: Business Organizations (including LLCs and Partnerships
• Recognized: Closely Held Companies and Family Businesses Law
• Recognized: Corporate Law
• Recognized: Mergers and Acquisitions Law
• Recognized: Real Estate Law
• Assistant Editor, William Mitchell Law Review
• Burton Award for Excellence in Legal Writing
• 2019 Up & Coming Attorney Honoree, Minnesota Lawyer
• 2019, 2020 Excellence Award Honoree, Hennepin County Bar Association
• Selected for inclusion in Minnesota Super Lawyers–Rising Stars® Edition, 2020-2021

Client-Focused Approach

You can expect fruitful and efficient conversations because I take a personal approach—talking in-person or on the phone versus lengthy emails—so nothing is lost in translation. My priority is to build a strong, collaborative relationship based on trust and open communication. I am committed to providing proactive, strategic legal advice tailored to your specific needs and objectives.

Contact Information:

Located in Minneapolis, Minnesota, and serving clients throughout the United States.

To learn more about how I can assist you, please schedule a consultation today.