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Explore business legal guidance from Lexern Law Group, helping owners, executives, and entrepreneurs protect operations, assets, and long-term growth.

‘Tis the Season to Plan: Holiday Insights for Business Owners

By |2024-11-14T11:26:56-06:00November 15th, 2024|Blog, Estate Planning, Estate Planning, Small Business|

The holiday season is a time for joy, reflection, and gratitude. However, it's also a great opportunity to take stock of your business and personal affairs. As a business owner, you're likely busy with year-end tasks, holiday parties, and family gatherings. But don't forget to carve out some time to address your business and [...]

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Noncompete Ban Blocked: What It Means for Your Business

By |2024-08-27T14:05:54-05:00August 23rd, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Federal Law, Noncompetition, Small Business|

In a recent legal development, a federal judge in Texas has ruled against the new rule by the U.S. Federal Trade Commission (FTC) that would have essentially banned noncompete agreements. This decision is particularly relevant for business owners, employers, and high-earning employees, as it directly impacts how businesses can protect their interests. What Are [...]

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Non-Compete Agreements in Illinois

By |2026-05-28T08:13:38-05:00May 17th, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Federal Law, Hiring Practices, Illinois State Law, Noncompetition, Small Business|

Non-compete agreements in Illinois may be up in the air due to recent and future rulings. The recent decision by the Federal Trade Commission (FTC) to ban non-compete agreements nationwide sent shockwaves through the American workforce. While this ruling has significant implications, the situation for Illinois employers and employees remains somewhat murky. Here's a [...]

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New Overtime Pay Rules: What it Means for Salaried Workers

By |2024-05-02T13:17:53-05:00May 3rd, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Federal Law, Hiring Practices, Small Business|

Overtime pay rules have gotten some updates. If you’re a salaried worker in the United States, there’s some important news you should know about the changes to overtime pay rules and eligibility. The US Department of Labor recently announced a final rule that will make millions more workers eligible for overtime pay. Here’s what [...]

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Updates to Severance Agreements by the NLRB

By |2024-03-07T10:11:56-06:00March 8th, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Small Business|

Are severance agreements dead? The value of those agreements for employers will be significantly less if employees are free to disparage employers after being paid. Update to Employee Severance Agreements by The National Labor Relations Board (NLRB) In recent years, the landscape of employee severance agreements has undergone significant scrutiny and adjustment, particularly with [...]

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New Rules for Independent Contractor Classification

By |2024-03-04T11:32:46-06:00March 1st, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Hiring Practices, Illinois State Law, Small Business|

Understanding the U.S. DOL's New Rule on Independent Contractor Classification The landscape of worker classification in the United States has seen significant shifts over the years, with legal interpretations and regulations evolving to adapt to changing economic realities. One of the pivotal areas in this arena is the classification of workers as either independent [...]

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The Corporate Transparency Act Guide for Small Businesses

By |2024-01-04T11:21:54-06:00January 19th, 2024|Blog, Business Law, Business Structure, Federal Law, Small Business|

The Corporate Transparency Act has gone into effect this year. In the ever-evolving business landscape, staying on top of regulatory changes is crucial. The Corporate Transparency Act (CTA), effective from January 1, 2024, brings important requirements for small businesses across the United States. Let's dive into the key aspects of the CTA and what [...]

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The Paid Leave for All Workers Act in Illinois

By |2024-01-04T11:21:22-06:00January 12th, 2024|Blog, Business Law, Business Structure, Compensation, Employment Law, Hiring Practices, Illinois State Law, Small Business|

The Paid Leave for All Workers Act has gone into effect this year. If you are an employer, this new law may affect your workforce and policies around paid leave. Starting January 1, 2024, Illinois has become a trailblazer by implementing the Paid Leave for All Workers Act, signed into law by Governor JB [...]

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The Employee Background Fairness Act

By |2026-07-02T14:04:34-05:00July 14th, 2023|Blog, Business Law, Employment Law, General, Hiring Practices, Illinois State Law, Small Business|

Illinois Governor, J.B. Pritzker, recently signed the Employee Background Fairness Act into law, bringing significant changes to the hiring practices of employers in the state under the Illinois Human Rights Act. This law aims to ensure fairness in the employment process by prohibiting employers from disqualifying job applicants based solely on their conviction records, [...]

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Can You Handwrite a Will?

By |2023-06-22T10:57:57-05:00July 7th, 2023|Blog, Business Law, Estate Planning, Estate Planning|

Can you handwrite a will? Technically, yes. But SHOULD you handwrite a will? No. Creating a will is an essential step in planning for the future, ensuring that your assets and wishes are properly distributed after your passing. Fans of HBO's popular show Succession, learned this in a shocking episode in season 4. With [...]

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The Lexern Law Group, Ltd. is an Illinois and Wisconsin business and estate planning law firm, located in Libertyville, Lake County, Illinois. We primarily serve clients that are located in Northeastern Illinois and Southeastern Wisconsin, including Libertyville, Lake Forest, Vernon Hills, Buffalo Grove, Glenview, Wheeling, Palatine, Northbrook, Lincolnshire, Grayslake, Arlington Heights, Kildeer, Schaumburg, Gurnee, Deerfield, Deer Park, and Barrington areas. In Wisconsin, we serve clients in Milwaukee, Racine, Kenosha, and Mequon counties. We represent business owners and licensed professionals, such as doctors, dentists, veterinarians, and their families in business, business succession, and estate planning matters.

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