profile headshot of William T. Daniel


My role as an attorney is listening to the issues and objectives that the client brings and creating tailored solutions that meet the client's individual needs. My primary practice involves tax matters at the state and federal level, transactional corporate law,  M&A, and business succession planning. I want to be right beside you every step of the way, from formation of the business, to structuring a transaction for the best tax and legal benefits, to guiding a merger or acquisition process, and finally to selecting the best method for passing it on to the next generation. To me, the best part about being a lawyer is getting the opportunity to assist people in solving some of their most complex and important problems. I want to get to know you and your business, so I can provide you with the best assistance possible and be your partner every step of the way in achieving your goals. 

My Approach

Ever since I was a little kid, I've had a love for sports, mainly basketball, and working as a team. I believe the best solutions are found by coming together for a common goal, buying in, and doing everything you can to achieve that goal. I carry this team-based approach with me into my law practice. I work with you as a teammate, coming together with you and buying in fully to the work to achieve your goals. On any team, the most important ingredient for success is communication. I strive to be available and attentive to my clients' needs, listen to what their goals and desired outcomes are, and provide my expertise and advice in an effective and easy-to-understand manner to achieve those goals. When the channels of communication are open and everyone is on the same page, results and solutions will follow.

More About Me

I received my B.S., magna cum laude, in Accounting from Truman State University in 2017. During my four years at Truman State, I was a student-athlete on the basketball team, so I'm always looking for pickup games in the Des Moines area. I received my J.D., with highest distinction, from Drake University Law School in 2020 and earned a certificate in Business Law. Upon graduation, I earned a membership to the Order of the Coif.

While at Drake Law, I was the Executive Editor of the Drake Law Review. My student Note, Leveling the Playing Field: Injury Reports, College Football, and Medical Privacy of Players, was published in Volume 68 of the Drake Law Review. I also participated on the Client Counseling competition team and finished as a semifinalist in the 2020 Client Counseling National Competition after winning a regional event. Additionally, I was a teaching assistant for the legal research and writing program at Drake Law and worked with Professor Keith Miller as a research assistant for his work in gaming law. I was selected to be a member of the Order of the Barristers, an organization recognizing the top oral advocates within a graduating class. I was admitted to the Iowa bar in 2020. When I'm not working, I enjoy being active, playing basketball and tennis, golfing, and traveling with my wife.

My Specialties

  • Alcohol Regulation 
  • Business & Corporate Law
  • Business Succession Planning 
  • M&A
  • Taxation Law

Profits Interests - Equity Compensation for Partnerships

08-23-2023 Many people are familiar with stock options and how those operate, but for those businesses organized as an LLC and taxed as a partnership, profits interests are another tool in the toolbox to recruit, retain, and motivate your employees. However, I often need to provide more explanation about profits interests and how they work than stock options...
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Using Equity Compensation to Motivate and Recruit Talent

07-10-2023 Businesses today face many different kinds of challenges, but one that is especially difficult to resolve is securing and motivating talented employees. How do you motivate your employees to think of themselves as an important piece of the puzzle in growing the value of your company? One tried and true method of doing so is through equity...
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How Your M&A Escrow Can Go Wrong

04-3-2023 In the world of M&A transactions, there is always a large debate between buyer and seller on proper security for certain liabilities that the buyer may experience after the closing. A solution very commonly used is to place a certain percentage of the purchase price into escrow with an escrow agent, such as a bank, to hold the money post-closing...
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Iowa's New & Improved Retail Alcohol Licenses: What Changes to Expect

07-21-2022 Iowa recently enacted significant changes to its laws regarding the regulation of retail alcohol sales during the 2022 legislative session by the passing of Senate File 2374. These changes will take effect on January 1, 2023. These changes seek to make the alcohol licensing process more simplified and efficient for manufacturers, retailers, and...
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NCAA Name, Image, and Likeness ("NIL") Policy Brings Opportunities and Legal Challenges for College Athletes

07-26-2021 On July 1, the NCAA announced that college athletes can now benefit from their name, image, and likeness (“NIL”). This drastic shift in NCAA policy brings all sorts of previously unthinkable opportunities for college athletes; however, this new world also brings many areas of concern for athletes, particularly from a legal standpoint. Athletes who...
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IRS Launches Centralized Partnership Audit Website

11-19-2020 The IRS recently launched the website for the Bipartisan Budget Act Centralized Partnership Audit Regime (often referred to as “BBA”). This website is intended to be the location for all information related to BBA, including regulations, electronic submission forms, how to elect out of BBA, and what can generally be expected during a BBA...
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Lori Nicolet



Truman State University, Kirksville, MO

B.S., magna cum laude, Accounting, 2017


Drake University Law School

J.D., with highest distinction, 2020


Iowa, 2020


Memberships & Associations

  • Polk County Bar Association
  • Iowa State Bar Association
  • Order of the Coif