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Profile

Experienced legal counsel on financial and business matters across varied industries

Jim Friedman provided legal counsel to clients in challenging legal, financial and business matters for more than 40 years. He represented clients with diverse businesses including a nationally recognized health care system, the independent directors of a Major League Baseball franchise, a German auto parts manufacturer, an educational opportunity foundation and one of America's most recognized universities, to name a few.

He was well-known for his representation of banks in Wisconsin and for his experience in dealing with federal and state bank regulators. His in-depth knowledge of the banking industry and his creative approach to navigating legal issues resulted in several first-of-a-kind transactions for his bank clients. Jim represented clients in a vast array of industries such as:

  • Financial institutions of all types and sizes and their holding companies, in all aspects of their business, including regulatory, merger and acquisition, corporate and securities matters
  • Manufacturers, service businesses and health care providers in a full array of corporate, transactional and international matters
  • Businesses, boards of directors and independent directors or committees of directors in corporate governance, audit or transactional matters
  • Family-owned businesses and successful entrepreneurs, ranging from the auto industry to the banking industry

Whether the client was a multi-billion-dollar, publicly owned bank holding company, a community bank or a family business, his clients received responsive, reliable advice to guide them through their legal needs.

Jim was chair of the Quarles Financial Institutions team and a director and past member of the executive and audit committees of the Wisconsin Association of Manufacturers and Commerce (WMC).

Bar Admissions

  • Illinois Retired
  • Wisconsin

Education

  • Marquette University (A.B.)
    • Outstanding Senior, College of Liberal Arts
  • University of Notre Dame Law School (J.D.)
    • Notre Dame Law Review, managing editor

Areas of Practice

Professional Career



Articles

  • "Change is Coming to the Financial Services Industry"
  • "Wall Street Reform Meets Main Street"
  • "What Were They Thinking?"
  • ARRTA Amends the Executive Compensation Restrictions of EESA
  • Auto Supplier Support Program
  • Bankers Call for Elimination of Fair Value Accounting
  • CFPB to Delay TRID Implementation by Two Months
  • Dodd-Frank Wall Street Reform and Consumer Protection Act for Financial Institutions
  • FASB Eases Fair Value Accounting Rules
  • FDIC Grants S-Corporation Banks Relief Under Basel III Capital Conservation Rules
  • FDIC Issues New Guidance on Brokered Deposits
  • Federal Government Expands Its Prohibition Against Recovery Act Lobbying to Apply to All Persons, Not Just Lobbyists
  • Federal Government Issues Restrictions on Lobbyist Communications
  • FIL-53-2014 - Interagency Guidance on Leveraged Lending: Frequently Asked Questions (FAQs)
  • FinCEN Proposes New Customer Due Diligence Requirements
  • Obama Plan Overhauls Financial Services Regulation
  • Restructuring of the U.S. Financial Services Regulatory Structure
  • Supreme Court Eases TILA's Rules For Mortgage Rescissions
  • Treasury Issues Interim Final Rule On Executive Compensation Standards Under TARP
  • Treasury Outlines Financial Stability Plan
  • Treasury Releases Details of Public-Private Partnership to Purchase Toxic Assets
  • U. S. Treasury Announces Rules to Limit Influence of Lobbyists on Emergency Economic Stabilization Act Funds
  • ​CFPB Makes Modifications to "Know Before You Owe" Mortgage Disclosure Rules
  • ​CFPB Proposes Modifications Relating to Small Creditors and Rural and Underserved Areas Under the Truth in Lending Act (Regulation Z)

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