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Richard’s practice includes: helping venture capitalists, angel investors and entrepreneurs negotiate and close funding rounds; representing buyers and sellers in merger and acquisition transactions; creating advisory boards for his entrepreneurial clients; providing “strategic legal advice” and, helping family-owned businesses survive and thrive.
Richard’s ideal clients include: 1) High potential entrepreneurs with a “change the world” business who need a sophisticated, efficient deal lawyer to help them navigate stages of growth. 2) Successful businessmen and women who are presented with the opportunity for a “great deal,” but aren’t sure where to begin to get the deal done. 3) Power users of legal services (second stage entrepreneurs whose business model often requires frequent use of a lawyer) who can experience lower fees and better quality legal services through a relationship-based fixed fee pricing model.
Richard has handled hundreds of early stage companies/funding rounds during his 35+ years of practice. In the past six years he has handled 38 funding rounds since coming to Kemp Klein – about one every other month. Since a funding round takes 60-90 days to close, there has seldom been a time when he hasn’t been working on at least one funding deal during this period, often two or more at the same time.
Richard says, “This work is the most satisfying work that I do. The investors and entrepreneurs that I represent literally ‘change the world’ through the products and services they bring to the market.”
Richard serves as counsel to Plymouth Venture Partners I, LLC (a $20 million early stage investment fund), Plymouth Venture Partners II, LP (a $40 million venture fund), Plymouth Venture Partners III, LP (a $60 million venture fund) and Plymouth Growth Partners IV (a $40 million venture fund); he has also served as counsel to two funds out of the University of Michigan Ross School of Business (The Frankel Fund, led by Professor Tom Porter, and the Social Venture Fund, led by Gautam Kaul, Ph.D.).
Prior to joining the Kemp Klein Law Firm, Richard founded and for 7 years served as managing partner of his own law firm, Enterprise Law Partners, PLLC. Prior to forming Enterprise Law Partners, PLLC, Richard spent 20 years as a senior partner at a prominent business law firm in the metro Detroit area. While at that firm, Richard was a member of the firm’s corporate practice group primarily advising clients on corporate finance transactions as well as mergers and acquisitions activities. His specialty areas included traditional bank financing, mezzanine lending, venture capital, seed and start-up financing, mergers, stock and asset deals as well as leveraged recapitalizations of family-owned businesses.
In his earlier years, Richard practiced law for five years at one of the largest law firms in downtown Detroit, where he engaged in a general practice, representing clients including the Detroit Lions, the Ford Family Foundation, Comerica Bank as well as a variety of other business entities.
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Chat withState: Michigan
Acquired: 1981
No misconduct found
201 W. Big Beaver, Suite 600, Troy, MI, 48084
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2025
Top Lawyers, dbusiness
2025
Best Lawyer, Best Lawyers in America
2025
Top Attorney - Avvo 10.0 Rated (Superb), Martindale-Avvo
2024
Best Lawyer - Closely Held Companies and Family Business Law, Best Lawyers in America
2024
Top Attorney - Avvo 10.0 Rated (Superb), Martindale-Avvo
2024
Leading Lawyer, Leading Lawyers Network
2024
AV Preeminent Rated, Martindale-Hubbell
2024
Best Lawyer - Mergers and Acquisitions Law, Best Lawyers in America
2024
Best Lawyer - Business Organizations (LLCs and Partnerships), Best Lawyers in America
2024
Best Lawyer, Best Lawyers in America
2023
Best Lawyer - Business Organizations (LLCs and Partnerships), Best Lawyers in America
2023
Best Lawyer - Mergers and Acquisitions Law, Best Lawyers in America
2023
Best Lawyer - Closely Held Companies and Family Business Law, Best Lawyers in America
2023
Best Lawyer, Best Lawyers in America
2023
AV Preeminent Rated, Martindale-Hubbell
2023
Leading Lawyer, Leading Lawyers Network
2022
AV Preeminent Rated, Martindale-Hubbell
2022
Leading Lawyer, Leading Lawyers Network
2021
Leading Lawyer, Leading Lawyers Network
2021
AV Preeminent Rated, Martindale-Hubbell
2020
Leading Lawyer, Leading Lawyers Network
2020
AV Preeminent Rated, Martindale-Hubbell
2019
AV Preeminent Rated, Martindale-Hubbell
2019
Leading Lawyer, Leading Lawyers Network
2018
Leading Lawyer, Illinois Leading Lawyer Network
2018
AV Preeminent Rated, Martindale-Hubbell
2017
Leading Lawyer, Leading Lawyers Network
2017
AV Preeminent Rated, Martindale-Hubbell
2010
Top Lawyers, DBusiness
2014 - Present
Attorney, Kemp Klein Law FIrm
2010 - Present
Trusted Advisor, Vistage Michigan
2013 - 2014
Of Counsel, Dean & Fulkerson
2006 - 2014
Managing Member, Enterprise Law Partners, PLLC
1986 - 2006
Shareholder, Seyburn Kahn Ginn Bess and Serlin, PC
2014 - Present
Private Directors AssociationMember
2010 - Present
Vistage MichiganTrusted Advisor
2008 - Present
Family Business CouncilMember
2003 - Present
Michigan Venture Capital AssociationMember
1981 - Present
United States Tax CourtMember
1981 - Present
State Bar of MichiganState Bar of Michigan
2012 - 2017
Institute of Continuing Legal EducationContributor
2010 - 2014
ToastmastersPast President
1985
LL.M - Master of Laws
1981
JD
1978
BA - Bachelor of Arts
2017
2014
2012
2009
2009
2006
2024
2024
2023
2018
2014
2013
1993
1993
English