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Arthur Don has more than 40 years of experience representing mutual funds, public investment companies, fund independent directors, investment advisers, private investment funds, private equity funds, real estate funds, broker-dealers, and public companies in a variety of sophisticated securities transactions. His experience includes various aspects of investment company practice, from organizing new funds through acquisitions and mergers of funds. Arthur has represented issuers and underwriters in numerous public offerings. He also frequently advises independent directors on fiduciary duties, and advises clients on compliance policy issues and implementation of ESG (Environmental, Social and Governance) principles.


  • Investment management
  • Securities transactions
  • Private equity and venture capital
  • Real estate funds
  • Corporate compliance and social responsibility
  • Pension funds and institutional investors
  • Investment funds
  • ESG


Recognition & Leadership

  • Listed, Leading Lawyers Network, 2012-2023
  • Listed, Super Lawyers magazine, Illinois Super Lawyers, 2009, 2011-2019
  • Team Member, U.S. News - Best Lawyers®, Best Law Firms Edition, "Law Firm of the Year," Banking & Finance - Litigation, 2017
  • Team Member, Corporate Board Member magazine and FTI Consulting Inc., one of "America’s Best Corporate Law Firms," 13th Annual Legal Industry Study, 2013
  • Rated, AV Preeminent® 5.0 out of 5

°AV®, AV Preeminent®, Martindale-Hubbell DistinguishedSM and Martindale-Hubbell NotableSM are certification marks used under license in accordance with the Martindale-Hubbell® certification procedures, standards and policies.

  • Director, Public Interest Law Initiative
  • Director and Past President, John Howard Association of Illinois, Prison Reform Group
  • Member, American Bar Association 
  • Member, Chicago Bar Association


  • J.D., cum laude, Northwestern Pritzker School of Law, 1978
    • Editorial Board, Northwestern University Law Review
  • B.S., Northwestern University, 1975
  • Illinois
  • U.S. Court of Appeals for the Eighth Circuit
  • U.S. Court of Appeals for the Seventh Circuit
  • U.S. District Court for the Northern District of Illinois, including Trial Bar