Helping our clients see the bigger picture

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Who We Are


Our mission is to contribute to the success of entrepreneurs, emerging growth companies and investors by providing high-caliber and pragmatic legal and strategic counsel. We develop close partnerships with our clients throughout all stages of their growth to help them prepare for and navigate their high value moments.

Our Services


Our expertise includes business formation, mergers and acquisitions, commercial transactions, debt and equity financings, and general commercial matters. We also assist with day-to-day corporate needs, counseling clients on corporate governance, intellectual property, contract negotiations, executive compensation, and labor and employment issues.


Our clients include small and middle market companies, angel and private equity-backed companies, business services, manufacturers, financial service and healthcare providers, and investors.


Our low-overhead, laser-focused approach to getting to the finish line efficiently and with a minimum of legal drama translates to efficiency in legal spend.

Tom's Bio

Tom D. Wippman

Tom Wippman has served as both inside and outside General Counsel for 25 years for a variety of clients, including private equity firms, independent sponsors, entrepreneurships, and large corporations.  For much of this time, Tom was a Managing Director and General Counsel at Sterling Partners, a private equity firm with over $5 Billion under management.  Tom has been largely responsible for the structure, documentation and negotiation of many of his client’s buyout and sale transactions and follow-on investment activities, as well as working on executive compensation and employment matters.  As part of his work, he identified and leveraged best legal practices across broad networks to minimize legal risks and costs and optimize growth.  Tom has applied his years of experience in operations, finance, and law in working with clients in order to achieve the best possible outcome.

Previously, Tom practiced law as a Partner at Pedersen & Houpt, P.C.  He represented a range of clients including closely-held middle market businesses across the manufacturing, distribution, and service industries.  Tom’s work on behalf of these clients included entity formation, executive compensation, acquisitions and divestitures, financing, and securities matters.  Tom has handled operational and transactional matters such as contracts with sales representatives and vendors and product liability matters.  He has assisted leading entrepreneurs, high growth companies, and investors through the start-up and capitalization process.

Tom’s diverse and in-depth background enables him to add substantial value as he works with teams to identify and maximize growth opportunities while decreasing legal risks.  He has extensive experience in mergers and acquisitions, sales, and reorganizations representing sellers, buyers, and lenders, including the use of complex debt and equity arrangements such as warrants, options, and convertible debt.  He has also provided hands on management advisory services to business executives dealing with day-to-day operations and strategic issues including structuring and financing investments.  Tom has substantial experience in public and private offerings of debt and equity securities for corporations, partnerships, and limited liability companies.  Tom received his J.D. from the University of Illinois College of Law and A.B. in Economics from the University of Illinois.

Keven's Bio

Keven G. Chin

Keven G. Chin focuses his practice on representing private equity, venture capital and growth equity funds and their portfolio companies on structuring and negotiating complex business transactions, including mergers and acquisitions, divestitures, control and growth equity financings, executive compensation and general corporate matters with particular experience with respect to health care services, technology, industrial and education services transactions.  He represents traditional committed fund sponsors as well as alternatively-funded sponsors and investors, management teams, purchasers and sellers in diverse industries and market segments.  He regularly acts as counsel for the portfolio companies of private equity fund clients on their strategic and commercial matters.

Keven’s experience encompasses numerous leveraged transactions involving financial, as well as strategic parties.  He also represents institutional co-investors and growth equity investors, and advises founders and investment principals on a range of formation, organization and transition issues.   In addition, he has experience serving as counsel in connection with securities law and compliance matters.

Keven joined Hourglass in 2016.  Prior to Hourglass, he served as Special Counsel to Sterling Partners, where he helped senior portfolio company management and deal professionals tackle unique legal matters and worked with Sterling’s General Counsel and Chief Compliance Officer to address the daily legal and regulatory compliance needs of the firm.

Keven draws on his experience with clients in a variety of industries and with diverse financial requirements to offer practical and creative advice.  Other clients he has represented include musicians, actors, entrepreneurs family offices and companies of all sizes, ranging from start-ups to non-profits to public companies.

Prior to beginning his legal career, Keven led the turnaround of a rural branch office of the American Red Cross, where he recruited and trained volunteers, negotiated shelter agreements in key areas and partnered with local government leaders to expand services.


  • J.D., Northwestern University Pritzker School of Law
    • Business Enterprise Concentration Certificate
    • Executive Production Editor, Northwestern Journal of International Human Rights
  • B.A., cum laude, Texas A&M University

Government Service:

  • Summer Associate, Office of the General Counsel of the Illinois Governor


  • Illinois
  • Texas
  • United States Tax Court

Professional Activities & Community Service:

  • Chair, Chicago Bar Association, Commercial Finance and Transactions Committee
  • Board Member, Northwestern Law Alumni Club of Chicago
  • Board Member, Friends of the Windows (former site of Archbishop Quigley Preparatory Seminary)
  • Volunteer, Lawyers for the Creative Arts
  • Volunteer, Legal Network for Gender Equity




Contact Us

Hourglass Legal Consulting, P.C.

847.924.5213 or 847.207.9520