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Teresa B Daggett

also known as Teresa B Sumearll
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About Teresa

From inventors to manufacturers, from automotive business to software business, I provide legal services designed to bring real, bottom-line value to my clients. Nearly every day, I see the wisdom in the adage “an ounce of prevention is worth a pound of cure” where businesses are concerned: hire the lawyer today for preventive legal advice and you will not be struggling with a problem in the future. 

 

With over twenty years of experience in corporate and securities law, I am passionate about working with both technology-based and traditional businesses. I work with a wide variety of clients, including:  university spin-outs, medical device manufacturers, medical staffing companies, innovative energy technology firms, software and hardware development firms, automotive parts suppliers, plumbing service companies, fitness centers and restaurants.

Practice areas

OtherBusinessContracts and agreementsCorporate and incorporationSecurities offerings
  1. Securities offerings: 25%

  2. Corporate and incorporation: 25%

  3. Contracts and agreements: 25%

  4. Business: 15%

  1. Mergers and acquisitions: 10%

Languages spoken

English

Photos and videos

35703 1235607158

Contact

One Union Square
address map

Gordon Thomas Honeywell

One Union Square
600 University St, Suite 2100
Seattle, WA, 98101

Gordon Thomas Honeywell

1201 Pacific Ave
Suite 2100
Tacoma, WA, 98402

Resume

License
StateStatusAcquiredUpdated
ORResigned201601/09/2021
WAActive200412/23/2020
We have not found any instances of professional misconduct for this lawyer.
Avvo Contributions
Legal answers5
Legal guides0
Awards
Award nameGrantorDate granted
Member of the YearSeattle Select Attorneys2012
Work Experience
TitleCompany nameDuration
AssociateDLA Piper US LLP2007 - 2008
AssociateK&L Gates LLP2004 - 2007
Associations
Association namePosition nameDuration
UW Law School Entrepreneurial Law ClinicVolunteer Attorney2013 - Present
Seattle Select Attorneys AssociationPresident2011 - Present
Boarders 4 ParksPresident2005 - 2007
Publications
Publication nameTitleDate
Washington State Bar Association Bar NewsHow Washington State Failed to Protect Its Police Officers and How It Can Rectify This Failure2004
Education
School nameDegreeGraduated
University of Washington School of LawJD - Juris Doctor2004
University of KentuckyBA - Bachelor of ArtsN/A
Speaking Engagements
Conference nameTitleDate
Seattle Select Attorneys Association Continuing Legal EducationSmall Business Sale & Purchase: Connecting the Dots2012
Seattle Select AttorneysSecurities Law for the Non-Securities Attorney2009
Jump Start Your BusinessBusiness Law Essentials2009
Washington Continuing Legal Education BootcampCorporate Law2004
Legal cases
Case nameOutcome
Sale of shares in closely held family businessClosed transaction

Reviews

(24)
5 Star
100%
4 Star
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Review Teresa Daggett

Great for startup work!

Posted by

I've worked with Teresa on several startup deals - both where I was the investor and when I was on the inside. In each case she clearly explained to me the ramifications of the documents I was executing. Additionally, she was exceptionally communicative and responsive - she was waiting on me, instead of the other way around. Recommended!
This review is from a person who hired this attorney.
Hired attorney

Great Small Business Attorney

Posted by

Teresa has helped my business with all of its legal needs for the last two years and it's been a great pleasure working with her. She helped us with the initial business formation, as well as all sorts of agreements we use in our transactions. Teresa is super knowledgable, friendly, patient and accessible. We highly recommend her.
This review is from a person who hired this attorney.
Hired attorney

Small Business

Posted by

I was extremely nervous to set up my small business. I was sure I would miss a step. I let Teresa Daggett take the lead and I am so happy I did. Teresa helped me create an LLC, register with the State, trademark the business name, and put together an amazing contract for me to use with future clients. Then she explained everything to me so I felt confident handling things in the future. Teresa answered the phone when I called, could meet with me right away, was available to answer all my questions, and got the job done quick. If I need a lawyer in the future, she will be my first call. I recommend you call her, too!
This review is from a person who hired this attorney.
Hired attorney

Great attorney for a new small business owner

Posted by

I was referred to Teresa Daggett for her expertise in business contract law. I first hired her to help me form my LLC and continued working with her throughout the process of purchasing a business. Nailing down a business purchase agreement that satisfied both parties took some time and I felt well represented throughout negotiations. After closing the sale, I had need to consult with Teresa again to draw up a non-disparagement contract with a former employee. In each of these tasks, I felt Teresa listened well to my needs, was very accessible and responsive, and expressed a genuine interest in my business and its success. Recently I called Teresa with a non-related, legal question and was warmly received (and remembered). She took a few minutes to offer her thoughts on my question and I was reminded of how generous she is with her time. I would highly recommend working with Teresa Daggett.
This review is from a person who hired this attorney.
Hired attorney

Great nonprofit help

Posted by

We have had a couple of unusual problems lately. As a nonprofit, you often try to figure things out yourself, but we really needed specific guidance and legal knowledge. Teresa helped quickly, efficiently, effectively in both cases. I recommend her highly.
This review is from a person who hired this attorney.
Hired attorney

Great Job Done by Teresa Daggett

Posted by

Teresa Was recommended to us by an attorney group in Spokane, WA. We contacted her and were able to get an appointment to see her within a couple days. We sold our business and wanted her to represent us from acceptance of sale to closing. She gave us a very organized schedule on her firm, her work, and the costs and scope of work she would do as well as a well-defined list of needs we could email or fax to her to get started. She was back to us the day after submitting the needs list to go over the data and told us she would be back to us once she had touched base with the buyer's attorney, and did so with a very detailed look at the whole transaction and how we should feel good about their intent and ability to do the deal. She stayed in touch with us nearly every day while she sent papers to their attorney and getting the needs from him she had asked for as well. She amended sections of the purchase agreement several times during the course of the transaction and always highlighted the areas of changes. She also worked hard for us and our best interests. For example, there was a contract for the balance of purchase price that had no interest stated. She stated there needs to be payment of interest and negotiated a fair rate to be paid in the agreement. She also negotiated more collateral to be put behind the continued payments of the five year contract, an issue we were definitely worried about as far as having some peace of mind we would receive the funds after closing. She also made clear that certain vendors we needed paid that we were in arrears with at the time would be paid. Most importantly, she represented us with the assigned IRS agent to pay and clear the tax liens that had accrued over the past few years of troubled times for the business. She was at her best in helping us get the liens paid as agreed by the seller and fully released by the IRS. Teresa was always cordial, professional, and upbeat in her dealings with us. She made us feel very comfortable during the course of the transaction, even when problems occurred. She gave us a closing checklist that was so organized, we felt sure we knew exactly what was going to happen. She also was instrumental in documents drawn which were construed to be the responsibility of the buyer's attorney, but not completed by him. Such a document was the estoppel letter to be signed by our present landlord at the place of business. Teresa was truly on our side of a transaction we needed to occur due to our difficulties in keeping our business profitable, She knew our deal was skinny as far as what we needed in order to pay off our business notes and lines of credit as well liens to IRS. Knowing this, she gave us a break on her normally charged rate, which really aided our ouy of pocket concerns. The sellers changed closing dates three times due to their stated needs and she kept us up to date on our concerns about these delays and assured us the intent was there to close and that July 6th would be the final extension as it was. All in all she always kept us informed and feeling good things were going to happen and that she would make sure all contacts were made and all needs were met, many times by her taking things on herself to get done. She thanked us for being such gracious customers, which we thought was so professional, when she was the one that did all the work and was so gracious throughout. My wife and I can't say enough about the professional and gracious way we were treated as well as the diligent and organized work she completed for us. Thank You, so much Teresa for being there for us and making the long journey of completing the sale of our business so easy.

Very knowledgeable attorney!

Posted by

Teresa Daggett did a great job handling all the legal aspects and issues of a business acquisition for me. She is very knowledgeable, thorough, and a good communicator (both with me and with the other associated parties that need to be in the loop). I appreciated the fact that Teresa knew what needed to be done to protect my interests and those of our company, and she took charge and handled those matters that needed to be handled. Her rates are reasonable, and when I consider the quality and quantity of her work, I felt like I got good value for the money. I would highly recommend Teresa.

A bottomless resource - teamwork, savvy and temperament

Posted by

The trouble with experts is their specialization. Teresa's secret is bringing others' expertise into conversations so she's never the road block to best advice, strong strategy and reliable results. Neither limited by expertise or work style, its hard to imagine a stronger legal partner for our business.

Teresa Dagget helped our organization

Posted by

Terest has been a pleasure to work with. She knows the law and responds in a quick and efficient manner. Our organization needed to file for recognition as an organization and to achieve tax free status. Teresa understood our problems and went right to work on this. She cleared up our problem and did so for a very reasonable price.

Great lawyer for start-ups!

Posted by

As the co-founder of a small start-up, I needed an attorney who understood all the intricacies of starting a business, from drafting employment contracts to creating securities offerings. Teresa Daggett came highly recommended by a local CEO and given that endoresment, I had high expectations. That said, Teresa consistently exceeds my expectations; she's exceptionally responsive by phone or email, works hard to answer any questions accurately and turns over work product with extraordinary speed, She's also incredibly conscientious about costs, which as a cash-strapped start-up founder, I greatly appreciate!
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Attorney endorsements

(21)
Are you an attorney? Endorse this lawyer

Jonathan Feil, Securities offerings Attorney on Apr 29, 2016
Relationship: Worked together on matter

Teresa is a top-notch knowledgeable securities and business lawyer. I handle corporate transactions including private offerings for established clients up to a certain level. When I reach the ceiling of my knowledge, Teresa is an excellent resource for assisting in the more sophisticated issues. She works very collegially and cost-effectively with other attorneys. I have also recommended her for the entire securities offering work for new or less-established clients, where I do not have the background in their business to know what the disclosure memo should cover. Teresa is very affable, pleasant to work with, and dedicated to excellent work product as a reasonable fee.

Niloufar Park, Securities offerings Attorney on Nov 12, 2013
Relationship: Fellow lawyer in community

Teresa is very knowledgeable in her areas of practice and a leader in the legal community.

Eriko Baxter, Business Attorney on Jul 28, 2013
Relationship: Worked together on matter

I have worked closely with Teresa on a business matter. She is a dedicated lawyer with a passion for helping business owners succeed. She is not only competent and experienced but also very approachable, which makes her stand out as an asset to the legal community.

Victor Ro

I endorse this lawyer. Ms. Daggett is the attorney to call when you have a business matter or any other legal problem. She has "Big Firm" experience and, therefore, would be the person to call when you pick up that phone. More importantly, she is knowledgeable, approachable, personable, and highly responsive.

Brock Gavery

I endorse this lawyer. Teresa has incredible business knowledge and experience and an amazing eye for detail.

Margaret Sanders, Business Attorney on Aug 30, 2012
Relationship: Friend

I endorse this lawyer. Teresa is a principled attorney with great business savvy and integrity.

Robert Klein, Business Attorney on Nov 10, 2011
Relationship: Worked together on matter

Teresa is an exceptionally able business lawyer. She offers years of practical experience, animated by a deep and passionate commitment to her clients.

Jennifer Coates, Business Attorney on Nov 8, 2011
Relationship: Fellow lawyer in community

Teresa and I are fellow members of a number of local professional organizations, and I have been consistently impressed with her integrity and her knowledge of corporate securities law, Washington corporate law and business transactions generally. As a tax lawyer who finds myself doing significant corporate business planning for clients, I often consult Teresa on corporate and business planning issues. She is generous with her expertise, an intellectually curious person and a valuable resource to the legal community. She is also a pleasure to work with, certainly not something that can be said about just any lawyer!

Seth Rosenberg, Business Attorney on Jan 13, 2011
Relationship: Fellow lawyer in community

I heartily recommend Teresa Daggett to any business looking for competent representation. For as long as I have known Teresa she has always been consistently upbeat and solution-focused. Teresa also understands the needs of businesses, is honest, and hard working.

Virginia Leen, Business Attorney on May 26, 2010
Relationship: Fellow lawyer in community

Teresa Daggett is an extremely competent and experienced attorney in her field. She has excellent people-skills and I would highly recommend her for any client from the small business owner to a large corporation.

David Sitlani, Securities offerings Attorney on Feb 15, 2010
Relationship: Fellow lawyer in community

Teresa is a intelligent and very capable attorney with expertise in securities and business law.

Marc Kittner, Corporate and incorporation Attorney on Feb 12, 2010
Relationship: Fellow lawyer in community

Teresa brings a tremendous amount of good energy to her practice. She has taken much of the good from the large firm practice – high ethical and technical standards – and brings that to her practice for smaller, more cost-sensitive clients. Whenever I have had a question, she has been unstintingly generous with her time, knowledge, and experience.

Richard Carey, Business Attorney on Feb 3, 2010
Relationship: Worked together on matter

If you're considering working with Teresa, look no further. She has very impressive large firm experience and top-notch expertise in all sorts of business matters, including corporate and securities law. Yet she brings a thoughtful, caring, and personalized approach to her clients. I highly recommend her work!

Mark Walters, Corporate and incorporation Attorney on Jan 19, 2010
Relationship: Friend

I highly recommend Teresa. She is an excellent lawyer with great business sense. She is highly skilled, extremely responsive to clients, bright and personable.

Rebecca White, Corporate and incorporation Attorney on Jan 2, 2010
Relationship: Fellow lawyer in community

I endorse this lawyer's work.

Megan Muir, Business Attorney on Oct 15, 2009
Relationship: Co-worker

Teresa brings great energy to her work. She cares deeply about her work and her clients. She's organized, careful and thoughtful - all great qualities in an attorney.

Gary Kocher, Corporate and incorporation Attorney on May 7, 2009
Relationship: Worked together on matter

I have worked extensively with Teresa and she is very thorough and hard working. She has experience in a wide range of transactions and does an excellent job.

Andrew Ledbetter, Corporate and incorporation Attorney on Mar 17, 2009
Relationship: Opposing Counsel on matter

Teresa is an effective communicator who is always prepared and enjoyable to work with.

Carter Mackley, Business Attorney on Mar 9, 2009
Relationship: Worked together on matter

Great lawyer to work with. Very responsive. Good practical knowledge of business transaction documentation. Good attention to detail. Don't hesitate to recommend her.

Daren Nitz, Securities offerings Attorney on Feb 26, 2009
Relationship: Opposing Counsel on matter

I have worked opposite Teresa on a number of matters, and have found her to be reasonable, responsive and enjoyable to work with.

Cost

RATES
  • Hourly Rates$350-$350/hour