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The sudden departure of a key leader can be a major disruption to any business. With a clear succession plan in place, this disruption can be minimized. Succession planning can protect business value, but are you legally required to share this plan with your...
Serving on the board for a homeowners association (HOA) comes with many responsibilities. Board members have to be present for meetings, which can demand hours of their time every month. They may also need to make difficult decisions regarding their neighbors and...
Business contracts generally outline expectations for working relationships. A contract with a vendor may detail pricing and delivery schedules. Contracts with service providers may clarify how long the arrangement should last and the company's expectations for...
An employee handbook is more than a welcome guide for new hires. It is also meant to serve as a consequential legal tool that can help protect a company’s interests, reduce liability and facilitate compliance with state and federal laws. When crafted properly, a...
If you're preparing to exit your business – whether by selling it, passing it on or closing it – you must consider what will happen with any commercial property you own.. It can affect your taxes, legal obligations and future plans. Whether you lease or own, early...
As a business owner, you might wonder about the importance of contracts in your daily operations. These legal documents may seem like paperwork we fill out when hiring new workers or putting together a plan with vendors. Although this is true, it is important to know...
We are pleased to announce that Elliot S. Wiczer, a partner at , has been selected to the 2025 Illinois Super Lawyers list. This is an exclusive list, recognizing no more than five percent of attorneys in the state. Super Lawyers is a...
Individuals who own and operate successful businesses may feel more inclined than the average person to create estate plans. They may recognize the value of their resources and the importance of preventing their families from fighting over them. While estate planning...
A commercial lease is a contract between a party that owns a building and a party that wants to operate a business there. Commercial leases give entrepreneurs or established business executives access to new facilities while providing rental income for the property...
Jacqueline M. Satherlie has more than 30 years of experience representing businesses and individuals in a variety of general, business and commercial legal matters, in state, federal and appellate courts.