Stephen F. Welcome


Email: swelcome@bbp-chicago.com

Practice Areas

Mr. Welcome’s practice is in the areas of financial and real estate transactions and governmental affairs. Focusing the financial transaction practice primarily on municipal bond finance, Mr. Welcome has served as bond counsel, underwriter’s counsel, bank counsel, borrower’s counsel and issuer’s counsel for bonds issued by small municipalities and large state agencies.  He has also practiced extensively in the areas of housing and real estate development as they interface with government financing.  Mr. Welcome’s practice also encompasses general counsel legal services on behalf of governmental entities and not for profit corporations. 


Northwestern University (J.D. 1977). Yale University (B.A. 1974). 

Legal Experience

Mr. Welcome is a Partner in the Firm’s transaction practice group. Prior to joining the Firm in 1998 Mr. Welcome was Counsel for the Illinois Development Finance Authority and an attorney for CNA Insurance Company and Financial Guaranty Insurance Company in their municipal bond insurance businesses.


State Bar of Illinois and the United States District Court for the Northern District of Illinois.

Professional Memberships

National Association of Bond Lawyers.