Family Business Success

Family businesses, which often are large private or public companies, sometimes struggle when family members disagree about a course of action and passions run high. Those disputes frequently crop up when siblings in the business cannot agree on compensation, control or some other issue. If a family business is to flourish for generations, programs should be put in place that foster dialogue and resolve conflicts. Partners Michael Golden and Jeffrey Lewis of the Closely-Held and Family Business Practice describe in the videos below experiences they’ve had with the special challenges that face family businesses.