William B. Hairston, III

William B. Hairston, III — Of Counsel

(205) 328-9400 ext. 305





Bill Hairston practices in the areas of Commercial Finance, Loan Documentation, SBA Lending, and Real Estate.

Bill is a graduate of the University of Alabama School of Law and obtained a B.S. from Cornell University. While at the University of Alabama School of Law, Bill served as the Executive Editor of the Journal of the Legal Profession, as well as member of Phi Delta Phi.

University of Alabama School of Law (J.D.), 1983

– Executive Editor, Journal of the Legal Profession

– Phi Delta Phi

Cornell University (B.S.), 1980

– Tau Beta Pi

Admitted: Alabama, Florida, Georgia

– Commercial Finance

– Loan Documentation

– SBA Lending

– Real Estate

Professional and Civic Organizations:

American Bar Association

• Member, Opinion Letters Committee, 1990-

• Member, Loan Documentation Committee, 1988-

• Member, Commercial Financial Services Committee, 1987-

• Member, UCC Committee

Alabama State Bar Association

• Chair, Committee on Rules of Professional Conduct, 1993-98

• Reporter, 1983 – 1993

Birmingham Bar Association

• Member, Professionalism Long Range Task Force, 1999-

• Member, Unauthorized Practice of Law Committee, 1996-98

• Chair, Ethics Committee, 1994-95

• Member, Fee Arbitration Committee, 1990-91

• Member, Grievance Committee, 1987-89

Rotary Club of Birmingham, 2003-

Alabama Law Institute

• Member, Committee on Article 9 of the UCC, 1999-2001

• Member, Committee on Article 5 of the UCC, 1996-97

• Member, Committee on Articles 3 & 4 of the UCC, 1993-96

• Member, Committee on Article 4A of the UCC, 1991

• Member, Committee on Article 2A of the UCC, 1990

• Member, Committee on Article 1 of the UCC

• Member, Real Estate Standency Committee

The Florida Bar

The Georgia Bar

American Bar Foundation,

• Life Fellow, 1994-

Alabama Supreme Court Advisory Committee on Civil Rules and Practice and Procedure for District Courts’

• Member, 1988-


– “The Ranking of Attorney Lien Against Other Liens in the United States,” 7 Journal of the Legal Profession, 1983, 1982.

– “Repossession and Disposition of Personal Property,” section of Foreclosure and Repossession in Alabama, NBI, 1987, 1989, 1991.

– “How to Close SBA 504 Transactions,” National Association of Development Co., 1992.


– Lecturer, CLE Programs, University of Alabama School of Law and Cumberland School of Law

News, Updates and Events:

May 8, 2014 –  SBA Loan Guarantees: Current Purchase Issues and Complexities Live Webinar

September 12, 2013 – Navigating the Storms of Recovering on SBA 7(a) Loan Guarantees