Elizabeth B. Blakely

Elizabeth B. Blakely

Los Angeles, California
213-895-4900 ex 237

Elizabeth joined the firm as an associate in 1980 and was made a principal in 1986. Elizabeth represents all forms of business entities, including limited liability companies, S corporations, C corporations and partnerships, from startup to exit strategy. She has particular expertise in acquisitions and sales of businesses, including mergers and leveraged buyouts, and the organization, operation, governance, financing and dissolution of business entities.

Elizabeth has the necessary tax expertise to advise on choice of entity, structuring business transactions and 1031 exchanges, in addition to over twenty years experience in drafting and negotiation of the relevant agreements and documentation for mergers & acquisitions, establishing and funding new business entities, commercial transactions, equipment and real estate leases and real estate sales and acquisitions.

Elizabeth also specializes in deferred compensation planning for highly compensated employees such as performance share plans and restricted stock arrangements.

Elizabeth also uses her tax expertise and drafting skills in the areas of estate planning and probate and trust administration.

Areas of Practice

  • Business & Commercial Law
  • Business Organizations
  • Real Estate Law
  • Mergers, Acquisitions & Divestitures
  • Taxation Law
  • Estate Planning

Bar Admissions

  • California, 1978


  • University of Southern California Law Center, Los Angeles, California
    • J.D. - 1978
    • Honors: Phi Alpha Delta
  • Occidental College, Los Angeles, California
    • B.A. cum laude - 1975
    • Major: Psychology

Published Works

  • A Comparison of Four Countries' Estate Laws and Their Influence on Family Companies, (Co-Author), Family Business Review, 1996


  • Lecturer, Subchapter S Corporations, California State University at Los Angeles Annual Institute of Taxation for Certified Public Accountants
  • Choice of Business Entity for National Business Institute
  • Partnerships, Limited Liability Companies and Limited Liability Partnerships for Lorman Education Services
  • Mergers and Acquisitions: Strategies for the Closely Held Entity for Lorman Education Services

Professional Associations and Memberships

  • National Association of Women Business Owners (NAWBO) Los Angeles Chapter (10 Terms on the Board of Directors), Legal Counsel 5 years; Secretary 3 years; Program Chair 1 year
  • National Women Business Owners Corporation (NWBOC), Legal Counsel
  • Windsor Square - Hancock Park Historical Society, Trustee
  • The Ebell of Los Angeles, Member
  • Provisors, Member of LAI, Executive Committee
  • Advocates of the Library Foundation of the Los Angeles Library, Member
  • Los Angeles Estate Planning Council, Member
  • Los Angeles Regional Technology Alliance, Mentor, Global California Mentor Program
  • USC Family Business Institute , Advisor

Past Employment Positions

  • Professor Michael J. Graetz, Research Assistant