Business Law

Why You Should Seek Legal Advice for Your Business

Posted on November 17, 2022

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Small and mid-size businesses enjoy many advantages when compared to larger companies. Unfortunately, however, being a smaller company does not exempt the company from the same legal risks and challenges as your larger counterparts. In fact, in some ways, being a smaller company can actually put you at greater risk. Many well-meaning business owners assume that their business is too small to incur the normal turmoil of larger businesses. It is only when a legal issue does arise that they recognize the severity of the situation. As more regulatory and […]

Posted in Business Law

Key Steps to Negotiate Successfully 

Posted on November 10, 2022

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Negotiations are a huge component of any small or medium-sized business. If you are a business owner or business leader, you probably negotiate the terms of business relationships, sales agreements, employee contracts, and other matters on a near-daily basis. Knowing how to negotiate effectively can help your business in many different ways. Negotiation Strategies for Small and Mid-Sized Businesses  When it comes to business transactions, negotiations are often complex and multi-faceted. As a business leader, you need to be able to navigate these waters effectively in order to get the […]

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Steps To Follow When Your Business is Dealing With Legal Issues

Posted on November 3, 2022

Ideally, legal issues would be prevented through measured, proactive action. However, even the most diligent business owners or leaders can find themselves facing a serious legal issue. Some of the most common legal issues involving small and medium-sized businesses include contract disputes, intellectual property issues, employment law compliance, and regulatory problems. If your business is involved in any type of legal issue, it is important to take quick and decisive action to protect your interests. The following are some key steps to follow. How to Handle Legal Problems in Your […]

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Retaining & Attracting Talent

Posted on October 25, 2022

naperville business lawyer

Attracting and retaining top talent is an increasingly vital issue for employers. “Help wanted” and “hiring” signs are everywhere. One recent survey found that an astounding 78 percent of businesses are currently understaffed. Employers are trying to hire qualified employees while employees are simultaneously trying to find the best jobs with the best salaries and benefits. This has led to a situation where good employees are in high demand and difficult to find. Workers are realizing that they want a better work/life balance,  higher pay, better benefits, more flexibility, and […]

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Employment Laws Trends You Need To Know

Posted on October 20, 2022

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The COVID-19 pandemic has changed the landscape of employment law in many ways. Employers and employees alike must be mindful of these laws in order to create a solid legal employment standard and promote positive company culture.  Small and medium-sized businesses across the country are struggling with labor shortages. Staying up-to-date with the latest employment laws and trends not only helps protect a company legally, but also helps attract and retain top talent. Having clear policies that comply with local, state, and federal employment laws is imperative to staying a […]

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How To Recession-Proof Your Business

Posted on October 13, 2022

naperville business lawyer

Business owners have been faced with seemingly endless challenges in the past few years. Shipping delays, labor shortages, and supply chain issues have forced many business owners to get creative in order to keep their businesses afloat. Lingering economic problems caused by the coronavirus pandemic and other international issues have added yet another layer of complexity to the mix, and business owners are scrambling to adapt. Many are wondering how they can recession-proof their businesses and protect themselves from the economic downturn. There is no one-size-fits-all solution to recession-proofing your […]

Posted in Business Law

How Your Business Can Avoid Lawsuits

Posted on October 6, 2022

naperville business lawyer

No business owner wants to deal with the headache and expense of a lawsuit. But unfortunately, even the most well-meaning businesses can find themselves on the wrong side of the law. The good news is that you can take steps to help avoid legal problems before they occur. One of the best ways to protect your business from lawsuits is to be proactive about risk management. This means taking steps to identify and mitigate risks before they result in legal action. You might perform regular safety audits of your workplace, […]

Posted in Business Law

Retirement Plans Are Becoming Mandatory. Does Your Business Have a Good One in Place?

Posted on September 27, 2022

naperville business lawyer

Illinois now requires employers with at least five employees to offer a retirement program of some kind. For businesses with 16 to 24 employees, the deadline for establishing a retirement plan is November 1, 2022. For businesses with 5 to 15 employees, the deadline is November 1, 2023. Regardless of your business’s size, retirement benefits are crucial. Individuals of all ages are increasingly concerned about retirement and many fear the end of social security. Workers want competitive retirement plans with a high match rate. If you want your company to […]

Posted in Business Law

Are You Prepared To Handle Internal Employee Disputes?

Posted on September 20, 2022

naperville business lawyer

Unfortunately, even with many people remotely working these days, employee confrontations and allegations still exist. This is a big cause for legal issues that arise within the human resources arena. How a company handles employee allegations and disputes directly reflects on the business’s company culture. Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act, and the Occupational Safety and Health Act (OSHA) are just some of the laws requiring employers to thoroughly investigate employee allegations. Employers must investigate claims of harassment, discrimination, safety violations, and […]

Posted in Business Law

Can You Access The Bank Accounts Of Deceased Family Members?

Posted on September 15, 2022

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If your family member passes away but has no legal documents explaining who should receive what assets and only had their own name on the bank accounts, what happens to the funds in the accounts? What legal action can you take at this point? Questions like these are vital to consider. When an individual does not have any estate planning documents in place or have other individuals on their bank accounts, surviving family may be left with many more questions than answers. This is why it is so important for […]

Posted in Business Law

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Please note: These blogs have been created over a period of time and laws and information can change. For the most current information on a topic you are interested in please seek proper legal counsel.

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