June 30, 2010

Polsinelli Shughart PC welcomes Attorney James R. Asmussen to the Chicago office as shareholder to the firm’s General Corporate practice in the Business department. The addition of Asmussen supports a growing trend for Chicago entrepreneurs – growth of new businesses and an uptick in merger and acquisitions.

“Jim is a savvy, experienced business attorney who can provide sound, imaginative solutions to a client’s legal needs at any stage of his company’s life cycle,” said Managing Director/Chicago Anthony J. Nasharr. “Our firm is committed to recruiting veteran attorneys like James, who can expand the depth and breadth of our services in resourceful ways that benefit our clients the most.”

Asmussen’s practice consists of assisting privately held companies transition through various growth stages, often acting as special merger/acquisition counsel in connection with a sale/buy transaction. His broad experience base includes corporate, securities and transactions with an emphasis on merger and acquisitions transactions, private equity and venture capital transactions, entity formation and start-up, bank lending and licensing. Backed by a strong finance and accounting background, Asmussen has provided legal counsel and business advice to both large established and emerging growth companies for more than 20 years, often serving as general outside counsel to his clients, many of which are in the technology, software, healthcare and food service industries

“Polsinelli Shughart’s national presence, its broad range of legal practice groups and the opportunity to be a part of the firm’s rapid growth in Chicago were all key reasons for my joining the firm,”Asmussen said. “The firm is focused on providing the highest level of legal skill and talent, enabling me to deliver these legal services to my clients at better price points.”

Asmussen earned his law degree, magna cum laude, in 1989 from the University of Illinois College of Law. He served on the Illinois Law Review and was a member and associate editor of the Order of the Coif. Asmussen earned a bachelor of science degree in accounting at Villanova University in 1985 and is a Certified Public Accountant. He is a member of the Illinois Bar Association and Chicago Bar Association. Prior to joining Polsinelli Shughart, Asmussen practiced law at the Chicago office of Shefsky & Froelich.

“I am the attorney you turn to when you want to form a new business, from assistance in procuring the first round of capital and structuring your equity, and then serving as general counsel through early legal problems,” said Asmussen. “I also assist clients in drafting most types of business agreements, including licenses for software companies, employment agreements, stock options and option plans, service agreements and the like.”

Asmussen is a good source for reporters working on stories about: 

Corporate mergers and acquisition issues 
Licensing and acquisition of software technology and/or intellectual property 
Consolidations and combinations in the food service industry 
Issues impacting entrepreneurs

For more information contact:

Heather McMichael, Public Relations Manager, 816-395-0618,

Bob Inderman, Parris Communications, 816-931-8900.

About Polsinelli Shughart PC

With more than 500 attorneys, Polsinelli Shughart PC ( is a national law firm that is a recognized leader in the areas of business litigation, financial services, real estate, business law, construction, life sciences, environmental and natural resources, health care, insurance coverage/bad faith, and labor and employment. Serving corporate, institutional and individual clients regionally, nationally and worldwide, Polsinelli Shughart is known for successfully applying forward-thinking strategies for both straightforward and complex legal matters. The firm has 16 offices located in Kansas City, St. Louis, Phoenix, Chicago, Denver, Washington, New York, Wilmington, Overland Park, St. Joseph, Springfield, Jefferson City, Topeka and Edwardsville.