Is Your Business Partner Stealing?

By |2021-01-28T21:11:42+00:00August 25th, 2016|Blog, Business Law, Business Structure, Uncategorized|

Everyday companies form and business partners come together with the best of intentions and hopes. Often things begin smoothly but trouble rears its ugly head down the road. If you have formed a company and have a business partner, it’s devastating to find your trusted partner stealing from you. If you find yourself in this [...]

10 Must-Know Steps for a Successful Business Sale or Business Purchase

By |2021-01-28T21:11:17+00:00August 18th, 2016|Blog, Business Law, Business Structure, Uncategorized|

The global business market has seen an increase in M&A deals in recent years. According to the Mergers and Acquisitions Condition Index, in July 2016 middle market business sale and business acquisition deals increased for the second consecutive month. Another noted trend is a decrease in deal closures - often the result of lack [...]

Goodbye is Never Easy… 6 Must Know Tips for Firing an Employee

By |2021-01-28T21:10:00+00:00August 11th, 2016|Blog, Business Law, Compensation, Hiring Practices|

We’ve all been there. Whether you’re a business owner or a manager of a business, firing an employee can be tough. Follow the following six tips to make it easier for everyone to break-up the relationship and reduce the risk of wrongful termination or unfair treatment claims. Tip 1: Before firing an employee Give them [...]

Unfair Treatment in Internship Programs: Protect Your Company

By |2021-01-28T21:09:59+00:00August 11th, 2016|Blog, Business Law, Compensation, Federal Law|

Today’s job market is less than ideal. While the pool of job candidates is large, companies struggle to find manpower to fit their budgets. The solution for many companies is internship programs. Internships are becoming a standard graduation requirement at many colleges and universities with benefits to both employer and student. According to Brian Burnsed, [...]

Chicago’s Ordinance Requires Incremental Raise

By |2020-11-11T16:05:18+00:00July 11th, 2016|Business Law, Illinois State Law, Small Business|

Chicago requires wage increase starting annually. On December 2nd, 2014, the city of Chicago passed an ordinance to raise the minimum wage to $13 per hour.  Under this ordinance, the minimum wage will be increased annually to the $13 limit by July 1, 2019.  The incremental raises are scheduled for July 1 of each [...]

US Department of Labor (DOL) announced new overtime regulations

By |2021-01-28T21:10:05+00:00July 11th, 2016|Blog, Business Law, Federal Law, Small Business, Uncategorized|

The US Department of Labor (DOL) announced new overtime regulations under the Fair Labor Standards Act (FLSA).  Many workers who before were exempt from such overtime regulations will now become eligible to have their overtime pay.  Under the new regulations, any worker making $47,476 or less must be paid overtime for hours worked in excess [...]

Three Action Steps to Take to Mitigate Legal Risks This Year

By |2021-01-28T21:09:59+00:00January 8th, 2016|Blog, Business Law, Business Structure|

First of all, we would like to wish you a happy, healthy, and productive new year.  As 2016 quickly gets underway, I'm sure you've been thinking of ways to become more efficient and successful this year. Yet, this year promises to be challenging in many respects.  Many consumers will continue to struggle to get their [...]

Can You Be Fired for Social Media Comments or Blogging?

By |2020-02-12T14:59:53+00:00June 18th, 2015|Business Law, General|

In many instances, yes, you can be fired for social media comments or blogging! If you have a Facebook or Mypage, or like to comment on someone else’s blog post, be careful what you write.  If your employer finds that your post or comments are offensive, disparaging, or disclose proprietary business information, you may be [...]

Job Opportunities for Qualified Applicants Act

By |2021-01-28T21:09:26+00:00April 28th, 2015|Business Law, Illinois State Law|

Timing of Employers’ Criminal Inquiries and Background Checks An Illinois legislature has recently adopted the Job Opportunities For Qualified Applicants Act (the “Job Opportunities Act”).  Effective January 1, 2015, the Job Opportunities Act prohibits certain employers from inquiring into or considering a job applicant’s criminal history or background prior to considering such applicant’s qualifications. The [...]

New Pregnancy Accommodation Act

By |2021-01-28T21:09:11+00:00March 6th, 2015|Blog, Business Law|

Last year, Governor Quinn signed into law a new Pregnancy Accommodation Act, or the Illinois Pregnancy Accommodation Amendments (the “Pregnancy Fairness Act”). Effective January 1, 2015, the Pregnancy Fairness Act states that Illinois employers are required to provide reasonable accommodations to pregnant women, during and after pregnancy.  The new law applies to full and part-time employees. [...]

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