Bar Admissions

  • Maryland

Court Admissions

  • U.S. Tax Court


  • J.D., with honors, University of Maryland School of Law, 1991
    Order of the Coif
  • B.A., University of Maryland, 1987


  • Maryland State Bar Association

    American Bar Association, Sections of Business Law, Taxation and Antitrust
T +1 410.244.7504
F +1 410.244.7742

Neal H. Strum


Neal Strum's practice focus is business advice, planning and transactions for companies of all sizes in a wide range of industries. Representative transactions include strategic alliances, service and distribution relationships, mergers and acquisitions, corporate, limited liability company and other joint ventures, venture capital/private equity financing, equity and other restructurings, redemptions and other buy-outs, and executive employment arrangements and terminations.

Neal uses his extensive experience to help his clients understand risks/benefits, solve complex problems, resolve difficult issues, implement creative solutions, and manage sensitive interpersonal dynamics.

Examples of Recent Matters

  • Represented active hedge and other funds in over seventy private company investments totaling almost $400 million. 
  • Represented international investors in a transaction to structure, organize and capitalize a new U.S bio-tech company.
  • Represented a health advisory company in multiple rounds of equity and debt financing
  • Represented a financial services company in structuring and negotiating a buy-out of the ownership interest of a founder and key executive. Collaborated with labor/litigation counsel to integrate the buy-out with settlement of threatened litigation.
  • Represented a healthcare service company in a strategic alliance with a national insurance company to create, market and manage a new benefits product.
  • Represented the founders of a government relations, public relations, marketing and communications firm in creating and implementing a new organizational model for growth through strategic acquisitions.
  • Represented a hospitality consulting firm in negotiating numerous asset management and consulting/service arrangements, including promote and other equity interests.
  • Represented an executive in negotiating the terms of his employment as General Counsel of a communications infrastructure company, and related equity investments.
  • Represented a senior executive of a private equity firm in negotiating the terms of his retirement, post-retirement consulting arrangements, and related equity buy-outs.
  • Represented a family-owned meat processing company in its sale to a strategic buyer.
  • Represented a utility-service company in a proposed acquisition of a family owned complementary line of business.
  • Represented a privately owned financial services company in the sale of a subsidiary‚Äôs software/licensing business to a public company strategic buyer.
  • Represented a university executive in negotiating the terms of his employment as President and CEO of a private university.
  • Represented a national financial institution in structuring and documenting the terms of a joint venture with a design/manufacturing firm as part of a corporate social responsibility program.
  • Represented a strategic buyer in the purchase of a family-owned auto glass business.
  • Represented the owners of a veterinary hospital in the sale of the hospital to a national roll-up buyer, and the sale of related real estate.
  • Represented an equity partner in an accounting firm in negotiating the terms of his resignation and related equity buy-out.
  • Represented an infomercial company in the departure and buy-out of key executives who were minority owners.
  • Represented the sellers of a specialty healthcare insurance agency in a sale to an international insurance company.


Neal created, and currently oversees implementation of, Venable's Corporate Practice Group Writing Program.

Neal serves as Vice President (Education) and Chair of the Board of Education of an 1100-student parochial school. Neal has also served on the executive boards of several charitable organizations and other non-profits.