"Solving real-world problems and making the seemingly dysfunctional functional means balancing both the legal and business concerns of any matter. My goal is to make sure that I focus on both so that when advising my clients, I know what they are trying to accomplish and provide the best path for them to build innovative solutions that are more efficient, effective and pragmatic."
Payal is a member of HMB’s Business and Finance Group. She focuses her practice on transactional and general counsel matters.
Payal works with an array of clients including privately held companies and their investors, family-owned businesses, start-ups, executives, venture capitalists, private equity funds and lenders. She often represents technology companies, manufacturing and distribution businesses, individuals with professional practices and insurance companies.
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Partnering with clients to structure and manage their deals, Payal guides businesses through the intricacies involved in a variety of transactional matters including mergers and acquisitions, private equity investments, add-on acquisitions and reorganizations. She also advises on specialty financial transactions including non-traditional debt financing, litigation financing, venture financing and social impact financing.
Payal represents companies in all lifecycle stages, helping clients with strategic business planning and corporate governance. She assists with day-to-day operations as well as drafting and negotiating a variety of agreements such as services, employment, governance, marketing and influencer agreements.
Tailored Advice Focused on Client Needs
Clients value Payal’s efficient, proactive, solution-driven advice that balances business goals and legal concerns. They appreciate her friendly and approachable demeanor and enjoy a relationship based on candid communication.
Education
- Loyola University Chicago School of Law, J.D. with certificates in Transactional Law and International Law, cum laude
- Loyola University Chicago Quinlan School of Business, M.B.A. with a concentration in Legal Environment
- McGill University, B.A. in Political Science and B.S. in Psychology
Honors
- Illinois Super Lawyers – Rising Stars, 2024
- Chicago Bar Association, Leadership Institute 2023
Professional Memberships
- American Bar Association, Member of Business Law Section
- Chicago Bar Association
- South Asian Bar Association of Chicago
Articles
- Loyola University Chicago International Law Review, Expanding Past Genocide, Crimes Against Humanity, and War Crimes: Can an ICC Policy Paper Expand the Court’s Mandate to Prosecuting Environmental Crimes?, 2017
News
- HMB Attorneys Selected to the 2024 Illinois Super Lawyers and Rising Stars ListsJanuary 25, 2024
Congratulations to Jeralyn H. Baran, Nathan E. Delman, Jeffrey A. Zaluda and Payal J. Patel for being selected to the 2024 Illinois Super Lawyers and Rising Stars lists! Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high degree of peer recognition and professional achievement.
- Client Success: Swag Golf Raises $10MM in Growth FinancingOctober 11, 2023
HMB would like to congratulate Swag Golf on raising $10 million in growth funding. This investment will bolster Swag Golf’s innovative product lines, increase its presence in the Asia-Pacific market and accelerate its production capabilities to meet growing demand.
- Client Success: Port X Logistics Announces Partnership with U.S. Multimodal GroupMarch 20, 2023
Congratulations to Port X Logistics LLC, a leading transportation company, on its partnership with U.S. Multimodal Group, a premium provider of intermodal logistics!
- Client Success: Chowly Announces Acquisition of Digital Ordering Company KoalaFebruary 7, 2023
HMB would like to congratulate Sterling Douglass and the entire Chowly team on its acquisition of Koala, a guest experience platform that empowers restaurant brands to elevate their digital ordering experience across web, app and kiosk.
- Client Success: Svoboda Capital Partners, LLC Announces Partnership with Horwitz, LLCMarch 28, 2022
HMB congratulates Svoboda Capital Partners, LLC (“SC”) on their partnership with Horwitz, LLC (“Horwitz”).