Patrick Beard Schulman & Jacoway P.C

What Patrick Beard Schulman & Jacoway P.C does

Patrick, Beard, Schulman & Jacoway, P.C. is a privately held, full-service law firm organized as a Tennessee professional corporation and headquartered in a single office at 537 Market Street, Suite 300, Chattanooga, Tennessee. Founded on May 1, 1984 by Gary R. Patrick and John W. Beard—each of whom left one of the largest law firms in the South—the firm practices across seven primary areas: business and commercial law, business litigation, trust and estate planning, administration and litigation, construction and real estate law and litigation, personal injury, civil law (including family law and employment), and criminal defense. Its roster includes 23 attorneys—14 partners, one junior managing partner (Lance Pope), and eight associates—with credentials spanning AV Martindale-Hubbell ratings, multiple Mid-South Super Lawyers designations, Rising Star selections, and Chattanooga Bar Foundation Fellows.

The firm operates as a traditional hourly and fee-based professional services practice, with no published rate cards and no disclosed revenue or headcount trend data. Its client base is hybrid: businesses (construction firms, financial institutions, logistics companies, manufacturers, real estate developers, healthcare entities including Erlanger Health System) and individuals (for estate planning, probate, personal injury, family law, and criminal defense). Documented engagements include multi-million-dollar M&A and commercial real estate transactions, complex construction and commercial litigation, and a $24.7 million judgment (including $20 million in punitive damages) for a personal injury client. Distribution is primarily direct, supported by a content-marketing website (pbsjlaw.com), Martindale-Hubbell and Lawyers.com directory listings, social media, and referral channels; the firm added LawPay as an online bill-pay integration. Geographic scope is regional, focused on Hamilton, Marion, and Sequatchie Counties in Tennessee, with cross-border capability into Georgia via multi-jurisdictional admissions.

The firm's economics are anchored on partner-level talent retention and multi-generational client relationships rather than scale or technology. Its go-to-market relies on reputation, peer recognition awards, and community involvement rather than digital or AI-driven acquisition. Operationally, there is no disclosed proprietary technology platform, AI/ML capability, or external funding; ownership remains entirely with attorney shareholders, and growth has been organic and conservative over 40+ years.

Name

Patrick Beard Schulman & Jacoway P.C

Legal name

Patrick, Beard, Schulman & Jacoway, P.C.

Website

https://pbsjlaw.com

Company type

Private

Founded year

1984

Operating status

Operating

Headcount range

11–50 employees

Short description

Patrick, Beard, Schulman & Jacoway, P.C. is a privately held Chattanooga, Tennessee law firm founded in 1984, providing full-service business and individual legal representation across seven practice areas, anchored by 23 attorneys with multi-generational client relationships.

Ownership category

akta.pro rank

Product category

Legal Services

NAICS

Offices of Lawyers (541110)

SIC

Services-Legal Services (8111)

akta.pro primary industry

Real Estate & Construction Law (BPAHAAAE)

Keywords

• Legal services
• Business law
• Commercial litigation
• Estate planning
• Construction litigation

Headquarters

HQ city

Chattanooga

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Legal Services Billing: Traditional law firm billing for legal services including business and commercial law, business litigation, construction litigation, estate planning, probate, personal injury, family law, and criminal defense. Services provided to businesses and individuals on matters ranging from transactions to full litigation representation.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Patrick, Beard, Schulman & Jacoway, P.C. is a full-service Chattanooga, Tennessee law firm founded in 1984. The firm provides comprehensive legal services across seven primary practice areas: Business and Commercial Law, Business Litigation, Trust and Estate Planning, Administration and Litigation, Construction and Real Estate Law and Litigation, Personal Injury, Civil Law (family law, employment law, governmental investigations), and Criminal Defense. The firm serves both business clients (construction companies, financial institutions, logistics companies, manufacturers, real estate developers) and individual clients (estate planning, personal injury, family law, criminal defense).

Product overview

Patrick, Beard, Schulman & Jacoway, P.C. is a full-service Chattanooga, Tennessee law firm founded in 1984. The firm provides comprehensive legal services across seven primary practice areas: Business and Commercial Law, Business Litigation, Trust and Estate Planning Administration and Litigation, Construction and Real Estate Law and Litigation, Personal Injury, Civil Law, and Criminal Defense. The firm serves both individual and business clients, including construction companies, financial institutions, logistics companies, manufacturers, real estate developers, and service providers.

Differentiator

Problem solved

Functional benefit

Products and services

• Business and Commercial Law
• Business Litigation
• Trust and Estate Planning, Administration, and Litigation
• Construction and Real Estate Law and Litigation
• Personal Injury
• Civil Law
• Criminal Law

Quantifiable outcome

• $24.7 million judgment won for client including $20 million in punitive damages
• +1 more outcomes

Named customers5 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Others

• LawPay (AffiniPay): Legal payments platform already integrated into PBSJ's website; adjacent technology vendor rather than a competitor, but indicative of the broader legaltech ecosystem firms like PBSJ increasingly interface with.

Broad incumbents

• Baker, Donelson, Bearman, Caldwell & Berkowitz: Large full-service Southeastern law firm with a major Chattanooga office practicing business, litigation, construction, and estate law — overlaps with PBSJ but serves a broader geographic and size footprint.
• Frost Brown Todd: Multi-state full-service firm with a Chattanooga office covering business transactions, litigation, construction, and estates; larger and broader in geography than PBSJ.
• Husch Blackwell: National full-service firm with a Chattanooga presence across corporate, litigation, construction, and real estate — competes for the same mid-market and larger mandates as PBSJ.

Direct peers

• Chambliss, Bahner & Stophel, P.C. Chattanooga-based business and litigation firm with strong construction, real estate, banking, and estate planning practices, competing for the same regional corporate counsel mandates.
• Spears, Moore, Rebman & Williams, P.C. Chattanooga general practice firm serving businesses and individuals across litigation, real estate, estate planning, and family law, with comparable mid-market client base.
• Miller & Martin PLLC: Large Chattanooga-headquartered law firm practicing business law, commercial litigation, construction, labor & employment, and trusts & estates — directly comparable in geography, practice mix, and mid-sized positioning.
• Leitner, Williams, Dooley & Napolitan, PLLC: Chattanooga plaintiff-side injury, construction, and commercial litigation firm with overlapping practice areas; one of PBSJ's listed hire-source firms for multiple attorneys.
• Henderson Hutcherson & McCullough PLLC: Tennessee-based business, litigation, and estate planning firm competing for regional mid-market representation across East Tennessee.

Emerging players

• Lodestone Legal, PLLC: Tech-enabled alternative legal services provider offering flexible, often lower-cost legal staffing for business and commercial matters — competitive alternative for budget-conscious mid-market clients.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/333622150030226

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Patrick Beard Schulman & Jacoway P.C