Business Law

Utilizing A Business Strategist in Challenging Times: Find a Qualified Outsourced General Counsel

Posted on June 7, 2022

naperville business lawyer

To say that the last couple of years have been a whirlwind of change is an understatement. Between the pandemic, record-high inflation, supply chain issues, and labor shortages, many business leaders are feeling overwhelmed and uncertain about the future. Simultaneously, many employees are leaving their jobs in search of better pay, more flexibility, and work-from-home opportunities. The mass exodus of workers has been dubbed “The Great Resignation.” Many business owners and managers have been left struggling to find enough staff to keep their doors open, let alone strategize for long-term […]

Posted in Business Law

Why Made In America Can Help End Supply Chain Issues

Posted on May 24, 2022

naperville business lawyer

 Business owners and consumers alike have experienced the negative effects of supply chain issues recently. The COVID-19 pandemic, inflation, overseas conflicts, and other factors have created the “perfect storm”of events, resulting in higher prices, reduced supplies, and all-around frustration. If you are a business owner or business leader, you know just how devastating supply chain issues have been to businesses across the U.S. Relying on overseas materials has revealed itself for the flawed approach it is. Obtaining products and supplies from U.S. companies provides innumerable benefits to small and medium-sized […]

Posted in Business Law

Is Your Business Addressing Employee Mental Health Issues?

Posted on May 17, 2022

naperville business lawyer

Did you know that May is National Mental Health Awareness Month? Each May, businesses, government organizations, nonprofits, and individuals work to reduce the stigma regarding mental illness and spread awareness of mental health resources.   With inflation, food shortages, lingering concerns about COVID-19, and countless other stressors, many people are experiencing mental health concerns. If you are a business owner or business leader, it is important to consider how your company is addressing employee mental health issues. Mental Illnesses Are on the Rise Researchers at Boston College report that six times […]

Posted in Business Law

Legal Issues Disrupt Small and Mid-Sized Businesses Ability to Grow 

Posted on May 10, 2022

naperville business lawyer

Running a successful business can sometimes be like juggling many balls at once. Business owners must deal with day-to-day operations, administrative tasks, vendor issues, employee concerns, marketing, customer complaints, and much more. If you ask business leaders, most will admit that there are simply more responsibilities than they have time to complete in any given day. Unfortunately, this chronic busyness leaves little room for legal concerns like licensing, protecting intellectual property, drafting robust contracts, and compliance with local, state and federal regulations. Legal matters often fall to the bottom of […]

Posted in Business Law

Keeping Up With Pay Raises Can Help Keep Your Staff Onboard

Posted on May 5, 2022

naperville business lawyer

In March of this year, inflation hit a 40-year high. Americas are enduring price surges in gasoline, food, and other essentials, making it difficult for many to make ends meet. Simultaneously, many workers are quitting their jobs in search of better employment opportunities at record rates. A study conducted by the Pew Research Center found that 63 percent of workers who quit their jobs cited low pay as the reason they left their position. As an employer or business leader, it is important to keep these issues in mind. Staffing […]

Posted in Business Law

Who is Handling Legal Issues At Your Business? 

Posted on April 28, 2022

naperville business lawyer

Many times, small and mid-size business owners try to tackle legal issues on their own. They may pass on legal matters to their Chief Financial Officer or hire ad-hoc attorneys as issues crop up. The problem with these approaches is that if you are doing it yourself, then you are taking away your time to be the visionary for your company. Furthermore, legal matters are complicated, and making mistakes can lead to serious financial consequences. If you pass legal issues on to your CFO, you have them wear too many […]

Posted in Business Law

Are You Thinking of Starting a Business? 

Posted on April 21, 2022

naperville business lawyer

With the great resignation upon us and a younger workforce looking for flexibility and better business cultures, this may be a key time to throw your hat in the ring. What are some things to consider when you start a business? How can you get started to set yourself up for success? If you are thinking of taking the next step and starting your own business, here are some steps and strategies to consider.  Key Issues for New Business Owners  Starting a business is no easy feat, and the majority […]

Posted in Business Law

Keeping Employment Matters Under Control 

Posted on April 12, 2022

naperville business lawyer

Businesses across the country are dealing with staffing issues during these unprecedented times. As a business owner, having proper documentation can prevent many different issues with staff. Providing your staff with clear job descriptions, goals, employment conditions, reviews, handbooks, and other employment materials helps them understand their responsibilities. Ultimately, proper documentation helps grow your business.  Furthermore, having things in order and properly documented can make transitions easier and help you avoid lawsuits down the road. Business owners and partners often find that having an outsourced general counsel can help address […]

Posted in Business Law

Do You Have a Succession Plan in Place for Essential Leaders?

Posted on April 5, 2022

naperville business lawyer

Every business should have a succession plan and exit strategy to prepare for the owner/leader’s retirement, sale of the company, or changes in key management positions. The importance of a business succession plan is especially important during the Great Resignation. Business leaders and business owners should consider: Who would replace critical people on your staff? Who would take over the business if the owner or a key member of the business retires, becomes ill, or dies? These questions need to be asked now to avoid a crisis later. There are […]

Posted in Business Law

Does Your Business Need Non-Compete Agreements?

Posted on March 22, 2022

naperville business lawyer

As a business owner, you will want to take steps to protect yourself against unfair competition. This may be a concern when employees leave your company, since they may go to work for a competitor or start their own business and use knowledge of your practices, customers, and trade secrets to gain an unfair advantage against you. To protect against this possibility, you may be able to use non-compete agreements in employment contracts, severance agreements, or other types of business contracts. However, you will need to understand how these types […]

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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