James (Jim) Carey
Prior to law school, Jim worked extensively and in several different industries. He owned his own business doing computer consulting and desktop publishing (CLJ Computer Services). He was the Executive Director of a 501(c)(3) charitable trust (the DeMolay Foundation of Michigan). He was an assistant legal investigator (Dykema Gossett), intern in the Senate Majority Office (Lansing), and administrative assistant (Detroit Scottish Rite). He was also licensed to work in financial services (Financial Services of America and Dean Witter Reynolds (now part of Morgan Stanley)). His various financial licenses permitted him to sell mutual funds, stocks, bonds, life insurance products, puts, calls, other options, and managed futures. His various business, financial and legal experiences have helped him gain a deep understanding of business law.
Jim began his law school career at Wayne State University School of Law where he finished his first year at the top of his class. He then transferred to the University of Michigan Law School, continued to excel in his studies, and concentrated on business law. During law school, Jim served as a law clerk for the 19th District Court (Dearborn, Michigan) and as a summer associate at Sidley & Austin (Chicago, Illinois).
Following law school, Jim moved to Chicago and worked as an Associate with the Corporate Group and the Insurance Services Group of Sidley & Austin. His major areas of practice included counseling operating companies, insurance companies and banks on corporate governance, mergers and acquisitions, lending/borrowing, corporate finance, securities offerings, and regulatory matters.
After a successful seven years of practice in Chicago, Jim and his wife returned to Michigan to start a family and reconnect with their roots. Upon returning to Michigan, Jim worked as Of Counsel in the Business Transactions Group of Dickinson Wright PLLC (Ann Arbor, Michigan) and began teaching a weekend course at Cooley Law School (now Western Michigan University Thomas M. Cooley Law School).
Jim’s single class at Cooley quickly turned into a full time tenure track position in 2005, teaching Business Organizations; Wills, Trusts and Estates; and Securities Regulation. He has also taught many business transaction classes in the Corporate and Finance LLM program, including Advanced Corporate Transactions; the Public Company Practicum; Corporate Professional Responsibility; and Public Company Disclosure. In 2014, Jim earned tenure and was appointed Director of the Corporate and Finance LLM program, where he was responsible for teaching, as well as administrative oversight of the program.
During his time at Cooley, Jim maintained a small private practice working for select clients and their companies. When the opportunity to leave Cooley and grow his private practice emerged, Jim embraced the chance to get back to practicing law and working with businesses on a day-to-day basis. Jim continues to teach part time as an Adjunct Professor at Cooley, but is now focusing his time and efforts on his original love: helping business people solve problems.
In addition to his work, Jim serves as an officer of the Business Law Section of the State Bar of Michigan (the “BLS”). He is also the official reporter for the BLS Business Corporation Act Legislative Drafting Committee and the official reporter for the BLS Limited Liability Company Act Legislative Drafting Committee. In these capacities, Jim has assisted in the drafting of several legislative bills and has testified often before committees of the Michigan House and Senate regarding business law issues. Jim was also the principal draftsperson for the Amicus Brief of the BLS in Miller v. Allstate (481 Mich. 601, 2008) and he assisted on the Amicus Brief filed by the BLS in Madugula v Taub (494 Mich. 862, 2014). Both cases dealt with business law issues for which the Michigan Supreme Court requested briefs from the BLS.
Jim has also provided significant help for many pro bono clients and has devoted a great deal of time to the support of our US troops. While at Cooley, Jim was one of the faculty coordinators for the Service to Soldiers legal referral program. Prior to going to law school, Jim served in the U.S. Army Reserve and was assigned to a Legal Support Organization where he worked with military lawyers on military legal matters.
When not teaching or working with clients, Jim may be found playing the bass guitar or keyboard in his church praise band or playing the University of Michigan fight song on his bagpipes. Jim, with his two sons, is active in the Boy Scouts of America, serving as a den leader and an assistant pack leader.
You may reach Jim at 248.605.1103 or jcarey@careylaw.us
Publications:
James L. Carey & Justin G. Klimko, Amendments to Michigan's Business Corporation Act and Repeal of the Professional Service Corporation Act, 59 Wayne L. Rev. 1293 (2014)
James L. Carey, Business Legislation Update at ICLE’s 23rd (2011), 24th (2012), 25th (2013) and 26th (2014) Annual Business Law Institute.
James R. Cambridge, James L. Carey & Daniel H. Minkus, Recent Amendments to the Michigan Limited Liability Company Act, 31 Mich. Bus. L.J. 10 (Summer 2011).
James L. Carey, Stockbroker Liability, 2009 Emerging Issues Analysis 4670 (Dec. 2009).
James L. Carey, Shareholder Oppression Actions, 2009 Emerging Issues Analysis 4669 (Dec. 2009).
James L. Carey, Common Ways Shareholders Lose Their Limited Liability – How to Help Your Clients Avoid Being Liable for the Debts of the Company They Own, 2009 Emerging Issues Analysis 4668 (Dec. 2009).
James L. Carey, Updating Confidentiality and Nondisclosure Agreements in Light of SEC v. Cuban, 2009 Emerging Issues Analysis 4667 (Dec. 2009).
James L. Carey, Social Networking Websites: Will the Securities and Exchange Commission Want to be Your Friend? http://law.lexisnexis.com/practiceareas/Business/Social-Networking-Websites-Will-the-Securities-and-Exchange-Commission-Want-to-be-Your-Friend (Jul. 2009)
James L. Carey, The “Full Disclosure” Recommendation in Private Transactions, 2009 Emerging Issues Analysis 3481 (Apr. 2009).
James L. Carey, Writing Better Contracts with Service Providers, 2009 Emerging Issues Analysis 3480 (Apr. 2009).
James L. Carey, Financial Assets with Beneficiary Designations – Complications to Consider in Estate Planning, Expert Commentary (May 2008) (available at Lexis, Expert Commentaries library, ALLEC file).
James L. Carey, Securing the Material Deduction for Non-U.S. Citizen Spouses – the Qualified Domestic Trust (QDOT), Expert Commentary (May 2008) (available at Lexis, Expert Commentaries library, ALLEC file).
James L. Carey, Update the Boilerplate: Some Thoughts when Contracting with Service Providers, 113 Det. Leg. News 46 (May 2, 2008).
James L. Carey, Confusing ‘Learned Professions Doctrine’ Heard by Supreme Court in Licensee Case, 22 Mich. Laws. Wkly. 3 (Apr. 21, 2008).
James L. Carey, Broker Liability, Due Process (Nov. 2007), http://www.dueprocess.tv/cooley/Broker_Liability.pdf.
Amicus Curiae Br. of the Bus. L. Sec. of the St. B. of Mich., Miller v. Allstate Ins. Co. (481 Mich. 601, 751 N.W.2d 463 (2008)).
Amicus Curiae Br. Of the Bus. L. Sec. of the St. B. of Michigan, Madugula v Taub (494 Mich. 862, -- N.W.2d -- (2014)).
Prior to law school, Jim worked extensively and in several different industries. He owned his own business doing computer consulting and desktop publishing (CLJ Computer Services). He was the Executive Director of a 501(c)(3) charitable trust (the DeMolay Foundation of Michigan). He was an assistant legal investigator (Dykema Gossett), intern in the Senate Majority Office (Lansing), and administrative assistant (Detroit Scottish Rite). He was also licensed to work in financial services (Financial Services of America and Dean Witter Reynolds (now part of Morgan Stanley)). His various financial licenses permitted him to sell mutual funds, stocks, bonds, life insurance products, puts, calls, other options, and managed futures. His various business, financial and legal experiences have helped him gain a deep understanding of business law.
Jim began his law school career at Wayne State University School of Law where he finished his first year at the top of his class. He then transferred to the University of Michigan Law School, continued to excel in his studies, and concentrated on business law. During law school, Jim served as a law clerk for the 19th District Court (Dearborn, Michigan) and as a summer associate at Sidley & Austin (Chicago, Illinois).
Following law school, Jim moved to Chicago and worked as an Associate with the Corporate Group and the Insurance Services Group of Sidley & Austin. His major areas of practice included counseling operating companies, insurance companies and banks on corporate governance, mergers and acquisitions, lending/borrowing, corporate finance, securities offerings, and regulatory matters.
After a successful seven years of practice in Chicago, Jim and his wife returned to Michigan to start a family and reconnect with their roots. Upon returning to Michigan, Jim worked as Of Counsel in the Business Transactions Group of Dickinson Wright PLLC (Ann Arbor, Michigan) and began teaching a weekend course at Cooley Law School (now Western Michigan University Thomas M. Cooley Law School).
Jim’s single class at Cooley quickly turned into a full time tenure track position in 2005, teaching Business Organizations; Wills, Trusts and Estates; and Securities Regulation. He has also taught many business transaction classes in the Corporate and Finance LLM program, including Advanced Corporate Transactions; the Public Company Practicum; Corporate Professional Responsibility; and Public Company Disclosure. In 2014, Jim earned tenure and was appointed Director of the Corporate and Finance LLM program, where he was responsible for teaching, as well as administrative oversight of the program.
During his time at Cooley, Jim maintained a small private practice working for select clients and their companies. When the opportunity to leave Cooley and grow his private practice emerged, Jim embraced the chance to get back to practicing law and working with businesses on a day-to-day basis. Jim continues to teach part time as an Adjunct Professor at Cooley, but is now focusing his time and efforts on his original love: helping business people solve problems.
In addition to his work, Jim serves as an officer of the Business Law Section of the State Bar of Michigan (the “BLS”). He is also the official reporter for the BLS Business Corporation Act Legislative Drafting Committee and the official reporter for the BLS Limited Liability Company Act Legislative Drafting Committee. In these capacities, Jim has assisted in the drafting of several legislative bills and has testified often before committees of the Michigan House and Senate regarding business law issues. Jim was also the principal draftsperson for the Amicus Brief of the BLS in Miller v. Allstate (481 Mich. 601, 2008) and he assisted on the Amicus Brief filed by the BLS in Madugula v Taub (494 Mich. 862, 2014). Both cases dealt with business law issues for which the Michigan Supreme Court requested briefs from the BLS.
Jim has also provided significant help for many pro bono clients and has devoted a great deal of time to the support of our US troops. While at Cooley, Jim was one of the faculty coordinators for the Service to Soldiers legal referral program. Prior to going to law school, Jim served in the U.S. Army Reserve and was assigned to a Legal Support Organization where he worked with military lawyers on military legal matters.
When not teaching or working with clients, Jim may be found playing the bass guitar or keyboard in his church praise band or playing the University of Michigan fight song on his bagpipes. Jim, with his two sons, is active in the Boy Scouts of America, serving as a den leader and an assistant pack leader.
You may reach Jim at 248.605.1103 or jcarey@careylaw.us
Publications:
James L. Carey & Justin G. Klimko, Amendments to Michigan's Business Corporation Act and Repeal of the Professional Service Corporation Act, 59 Wayne L. Rev. 1293 (2014)
James L. Carey, Business Legislation Update at ICLE’s 23rd (2011), 24th (2012), 25th (2013) and 26th (2014) Annual Business Law Institute.
James R. Cambridge, James L. Carey & Daniel H. Minkus, Recent Amendments to the Michigan Limited Liability Company Act, 31 Mich. Bus. L.J. 10 (Summer 2011).
James L. Carey, Stockbroker Liability, 2009 Emerging Issues Analysis 4670 (Dec. 2009).
James L. Carey, Shareholder Oppression Actions, 2009 Emerging Issues Analysis 4669 (Dec. 2009).
James L. Carey, Common Ways Shareholders Lose Their Limited Liability – How to Help Your Clients Avoid Being Liable for the Debts of the Company They Own, 2009 Emerging Issues Analysis 4668 (Dec. 2009).
James L. Carey, Updating Confidentiality and Nondisclosure Agreements in Light of SEC v. Cuban, 2009 Emerging Issues Analysis 4667 (Dec. 2009).
James L. Carey, Social Networking Websites: Will the Securities and Exchange Commission Want to be Your Friend? http://law.lexisnexis.com/practiceareas/Business/Social-Networking-Websites-Will-the-Securities-and-Exchange-Commission-Want-to-be-Your-Friend (Jul. 2009)
James L. Carey, The “Full Disclosure” Recommendation in Private Transactions, 2009 Emerging Issues Analysis 3481 (Apr. 2009).
James L. Carey, Writing Better Contracts with Service Providers, 2009 Emerging Issues Analysis 3480 (Apr. 2009).
James L. Carey, Financial Assets with Beneficiary Designations – Complications to Consider in Estate Planning, Expert Commentary (May 2008) (available at Lexis, Expert Commentaries library, ALLEC file).
James L. Carey, Securing the Material Deduction for Non-U.S. Citizen Spouses – the Qualified Domestic Trust (QDOT), Expert Commentary (May 2008) (available at Lexis, Expert Commentaries library, ALLEC file).
James L. Carey, Update the Boilerplate: Some Thoughts when Contracting with Service Providers, 113 Det. Leg. News 46 (May 2, 2008).
James L. Carey, Confusing ‘Learned Professions Doctrine’ Heard by Supreme Court in Licensee Case, 22 Mich. Laws. Wkly. 3 (Apr. 21, 2008).
James L. Carey, Broker Liability, Due Process (Nov. 2007), http://www.dueprocess.tv/cooley/Broker_Liability.pdf.
Amicus Curiae Br. of the Bus. L. Sec. of the St. B. of Mich., Miller v. Allstate Ins. Co. (481 Mich. 601, 751 N.W.2d 463 (2008)).
Amicus Curiae Br. Of the Bus. L. Sec. of the St. B. of Michigan, Madugula v Taub (494 Mich. 862, -- N.W.2d -- (2014)).