Charlotte, North Carolina

Business law and strategic consulting, with a full-service legal practice behind it.

18yrs
Since incorporation
100s
Cases tried
50
States for legal & business structuring
NC·VA
Admitted, with nationwide reach

Few business lawyers have entrepreneurial experience and also handle business consulting.

The useful work happens earlier, while the structure is still negotiable, the numbers are still being assembled, and the deal is still a choice rather than a document. That is where a finance and business consulting background matters more than another form file.

David P. Sheehan studied finance before law, worked at Merrill Lynch and a private capital group before law school, and has spent the majority of his career building companies and consulting throughout the United States. The result is a firm that can tell you what a term sheet actually costs you, structure an entity properly to support a vision, then draft the agreement that reflects it.

You get a recommendation and the reasoning behind it — not a menu of options and an hourly bill.

Mr. Sheehan with client and founder of Churchill Construction - Richard Sheehan

Mr. Sheehan with client and founder of Churchill Construction - Richard Sheehan

How the firm works

One attorney, on your matter, for as long as it runs.

Owners come back because the person who scoped the work is the person who does it. There is no handoff to an associate after the first meeting, and no need to explain the business twice.

That is also why the firm takes fewer matters than it could. The bench gets brought in where a matter needs a discipline the firm does not hold, and Mr. Sheehan stays the point of contact throughout.

How an engagement runs

Four stages, whichever practice you came in through.

01

Assessment

A structured look at the entity, the contracts, the numbers or the file, whichever the matter turns on. You are told what is actually load-bearing and what is noise.

02

Direction

One recommendation, with the alternatives documented and set aside. Scope and fee are agreed in writing before work starts.

03

Execution

Filings, drafting, negotiation or litigation. Where outside help is warranted, Mr. Sheehan will reach into his bench or network and coordinate with a specialist to assist you.

04

Close-out

We execute your customized plan and continue to assist you as you grow, scale and finally exit.

Legal & business consulting engagements

All business services →
01Legal structuring Entity selection, equity issuance, operating and shareholder agreements, and governance written for the company you are becoming rather than the one you registered. 02Capital raise support Cap table cleanup, corporate records, diligence readiness and the investor-facing materials a first institutional round is judged on. 03Pro formas & financial narrative Operating models, scenario sets and the written case that connects the numbers to the strategy, built by someone who priced deals before he drafted them. 04Peptides, telehealth & MSO Compounding pathways under sections 503A and 503B, corporate practice of medicine structures, MSO formation and management services agreements, multi-state licensure, and advertising compliance. 05Clinics, med spas & longevity Who may own the clinic, who must supervise the procedure, how a medical director agreement is written, and what the advertising may say. 06Cannabis & emerging markets Licensing, ownership transfers and compliance in markets where the regulatory posture is still moving and the wrong structure is expensive to unwind. 07Board & advisory positioning Board construction, director and advisor agreements, information rights and the reporting cadence outside capital will expect. 08Growth & operating strategy Pricing, channel, unit economics and the twelve-month plan with named owners. Consulting work, delivered alongside the legal execution rather than referred out.

Where the experience runs deep

The work is not industry-specific, but the experience is not evenly spread either, and it is worth knowing where it is concentrated before you call. The concentration is healthcare: peptide and longevity medicine, clinics and med spas, telehealth and management services structures, and the capital raised behind them.

Peptides & longevity medicineCompounding pathways, sourcing, prescribing protocols and advertising review
Clinics & med spasOwnership, medical direction, supervision and delegation, device records
Telehealth & MSOCorporate practice of medicine structuring, multi-state licensure
Healthcare capitalRaises and roll-ups for clinical groups and physician partnerships
Healthcare servicesPhysician partnerships, multi-site structures
Cannabis & hempLicensing, transfers and an evolving NC posture
Psychedelics & kratomFederal scheduling questions against divergent state rules
Hemp-derived beveragesWhere hemp, food and alcohol licensing rules meet
Digital assetsMoney transmission licensing and stablecoin rules
Professional servicesPartnership economics and succession
EntertainmentContracts, rights and business affairs
Consumer & retailChannel expansion and working capital
Real estateJoint ventures and syndication structures

The bench

One attorney accountable. The right people brought in.

Some matters need a tax advisor, a healthcare regulatory attorney, a securities co-counsel or an operator who has run your channel. DPS Law brings them in, coordinates the work, and stays your single point of contact. You are not left managing four vendors and reconciling their advice.

Meet the team

How it works

  1. 01 Mr. Sheehan scopes the matter and tells you what it actually needs.
  2. 02 Where outside help is warranted, he names who and why.
  3. 03 The firm coordinates and holds the timeline.
  4. 04 You deal with one attorney or business consultant throughout.

Affiliated professionals are independent practitioners and consultants, not employees or partners of DPS Law.

What clients say

Google reviews

“I worked with Mr. Sheehan on a venture involving complex real estate and capital structures and can attest to his true entrepreneurial spirit. He is an incredibly driven advocate who pushes hard to find creative, viable solutions within evolving and challenging legal landscapes. He brings immense energy to business formation and strategy.”

George Murphy  ·  Google review

“We have retained David Sheehan in the past in both capacities as a business consultant, and as an attorney. Each time we have been more than satisfied with Mr. Sheehan’s extreme, in-depth knowledge of the topic we sought advice on. He has worked with us within the United States and internationally on Cannabis projects, hemp supply chain development and more recently in the ever-changing peptide world.”

Michelle Laxson  ·  Google review

“I had the opportunity to work with David Sheehan during a complex exit… this was anything but a simple deal to structure, draft, and execute. The Law Offices of David P. Sheehan, led by Mr. Sheehan worked 24/7, working through the weekends at times to never fall behind and give us an advantage… I highly recommend him to anyone looking for a top notch business attorney.”

Brittney Vickers  ·  Google review

“I have worked closely with Mr. Sheehan since 2016. In regards to multiple business startups, Ventures, capital raises, and a large exit. Every step along the way, Mr. Sheehan was always available, working through weekends when necessary, and even throughout an entire night to get a deal done.”

Emerson Brown  ·  Google review

5.0 on Google across 38 reviews. Reviews are reproduced from Google, in the clients’ own words; longer reviews are excerpted and the omissions marked. Prior results do not guarantee a similar outcome.

Memberships & associations

  • North Carolina State Bar
  • Virginia State Bar
  • Million Dollar Advocates Forum
  • Multi-Million Dollar Advocates Forum
  • Mecklenburg County Bar
  • United States federal court admission
  • United States federal court admission

Tell us what you are dealing with. We will tell you what it takes.