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With decades of legal experience, our attorneys each possess a unique set of skills as part of our commitment to provide the highest quality legal services.

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Business & Corporate Law

The business attorneys at McDaniel, Wolff, & Benca PLLC understand that the commercial world can be fast-paced and full of opportunists waiting to ambush a company that is unprepared to meet the many legal dangers in the marketplace. Businesses located in Arkansas and throughout the country face an ever-changing and increasingly complex legal environment that requires significant experience and continuous planning to navigate. What we can do and what we do well, is take care of complicated legal matters so you can focus on your operations and profitability.

Rufus Wolff and Vince Ward lead our corporate and business law group. If we can assist you with a business formation in Arkansas, or provide corporate counseling to your existing business, call our business attorneys today at 501-954-8000, or submit an inquiry via our contact form.

Business Formation

Business Formations

We regularly assist entrepreneurs with business formations within Arkansas and beyond. One of your first and most important decisions in starting a new business is choosing the right business structure. Each type of entity imparts specific benefits and potential liabilities on a company and its owners. For example, a corporation may shield its owners from personal liability, but it could be subjected to double taxation. A general partnership may avoid double taxation, but its owners could become personally liable for the debts of the business. Other business forms offer an alternative range of protections and requirements.

Our business attorneys will review your goals and consider matters such as taxation, personal liability, ownership transferability, management hierarchy and overall operations before advising you on the business structure that best suits your needs. We then take the steps necessary to form and register the appropriate entity.

We regularly assist clients with business formations using entities that include:

  • Corporations (including S-Corporations)
  • Limited Liability Companies (LLCs)
  • Limited Partnerships (LPs)
  • Limited Liability Partnerships (LLPs)
  • Limited Liability Limited Partnerships (LLLPs)
  • Professional Corporations
  • Professional Limited Liability Companies

Our lawyers are proud to continue to serve as outside general counsel to companies after the business formation stage. By maintaining a close attorney-client relationship with you throughout the life of your company, our attorneys are well-positioned to provide prompt and cost-efficient business law counseling.

We are dedicated to the formation and protection of Arkansas businesses, and our business attorneys will work tirelessly to secure the results that you desire. Whether you are seeking to create a new business or to expand the horizons of your current company, our team has the experience, dedication and skill to solve your legal issues.

Corporate Law

Full-Service Corporate & Business Law Practice

The team of business attorneys at McDaniel, Wolff & Benca PLLC play key roles in helping our clients implement their business strategies and achieve their goals in a wide array of areas. The full-service nature of our firm enables our business attorneys to consult with our colleagues in other practice areas and handle a wide array of corporate governance, finance, M&A, regulatory compliance, and other general business law matters for clients across most industries.

We routinely assist businesses with the following and much more:

No matter where your business takes you, the business attorneys at McDaniel, Wolff & Benca PLLC can help with your business planning. We’ll tell you what the law requires, where the legal hazards exist, and make the law work for you.  We can advise you on how to take full advantage of opportunities and avoid problems so that your business can thrive in today’s marketplace.

We work with clients from the very beginning, structuring and negotiating terms for private funds and helping startups avoid ownership disputes before they happen. We help issuers of all sizes raise the capital they need while minimizing risk and avoiding regulatory surprises. We advise operating businesses on commercial, employment, and licensing agreements, and work with institutional investors to evaluate private funds and direct investment opportunities. And through it all, we counsel boards of directors, management, and equity holders on the entire array of issues that confront companies on a day-to-day basis.

Corporate Governance

Our group business attorneys advise directors, boards, and senior executives on the full range of corporate governance matters that confront companies and their leadership — from board structuring and succession planning, to shareholder activism, securities regulation and everything in between. We regularly assist boards with:

  • Board composition, structure and requirements
  • Director and officer liability and insurance
  • Codes of ethics
  • Potential conflicts of interest
  • Regulatory and internal investigations
  • Whistleblower procedures
  • Executive compensation
  • Fiduciary litigation
  • Audit and independent board committee issues

Drawing on our experience as seasoned counselors, we keep clients abreast of evolving trends and best practices to stay ahead of compliance issues. When crises do arise, we call on our bench of experienced business litigators to guide clients through the storm and reach a safe landing.


Our tax practice uniquely positions us to provide clients with premier corporate and business law services with a focus on income tax planning. With a focus on adding value, in addition to offering remedial services, our team takes a proactive approach, helping clients develop preventive measures to limit their tax liability and strategies to benefit from available tax credits.

Our team of business attorneys have advanced degrees in taxation and regularly advise clients on tax efficient strategies beginning at the business formation stage, all the way to planning for the sale of a business or family succession, and everything in between. We help clients avoid tax pitfalls, as well as assist in the efficient structuring of transactions to avoid overpayment of tax obligations. Our business attorneys also advance clients’ interests in contested tax proceedings through the use of experienced, dedicated tax litigators. Our focus is always on adding value for our clients.

If we can assist you with a business formation in Arkansas, or provide corporate and business law counseling to your existing business, call our business attorneys today at 501-954-8000, or submit an inquiry via our contact form.

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