Top Franklin Park, IL Business Organizations Lawyers Near You
Business Organizations Lawyers | Serving Chicago & Suburbs, IL
Starting a New Business? Buying an Existing One? We Provide Experienced Hands-On Legal Support throughout the Life of Your Business to Help You Achieve Sustainable Growth & Success
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A law firm focused on businesses for over 30 years, and who will have your best interests in mind.
444 West Lake Street, Suite 900, Chicago, IL 60606-0089
2300 Barrington Road, Suite 220, Hoffman Estates, IL 60169-2034
300 East Roosevelt Road, Suite 220, Wheaton, IL 60187
1 Oakbrook Terrace, Suite 801, Oak Brook, IL 60181
30 North LaSalle Street, Suite 2900, Chicago, IL 60602
180 N LaSalle St, Suite 3700, Chicago, IL 60601
550 Warrenville Rd, Suite 460, Lisle, IL 60532
111 North Ottawa Street, Joliet, IL 60432
1301 West 22nd Street, Suite 709, Oak Brook, IL 60523
110 N Upper Wacker Dr, 34th Floor, Chicago, IL 60606
401 N Michigan Ave, Suite 1700, Chicago, IL 60611
414 N Orleans Street, Suite 210, Chicago, IL 60654
111 West Washington, Suite 1437, Chicago, IL 60602
332 S Michigan Avenue, Suite 1032/M212, Chicago, IL 60604
477 S 3rd St, Suite 210, Geneva, IL 60134
300 N LaSalle St, Chicago, IL 60654-3406
111 S Wacker Dr, Suite 5100, Chicago, IL 60606
320 S Canal St, Chicago, IL 60606
150 S. Wacker Dr, Suite 2400, Chicago, IL 60603
9501 West 144th Place, Suite 303, Orland Park, IL 60462
2100 Clearwater Drive, Suite 220, Oak Brook, IL 60523
1603 Orrington Ave, Suite 600, Evanston, IL 60201
150 N. Michigan Ave., Suite 2800, Chicago, IL 60601
980 N Michigan Ave, Suite 1090, Chicago, IL 60611
214 1/2 South Washington Street, Naperville, IL 60540
Franklin Park Business Organizations Information
Lead Counsel Verified Attorneys in Franklin Park
Lead Counsel independently verifies Business Organizations attorneys in Franklin Park and checks their standing with Illinois bar associations.
Our Verification Process and Criteria
Ample Experience
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Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
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What Is Business Organization Law?
There are different types of business structures that affect how you run your company. Some business structures are less expensive to get up and running and have simpler reporting requirements. Other business organizations have greater tax advantages but have stricter requirements. Different types of business organizations include:
- Sole proprietorship
- Limited liability company (LLC)
- Partnership and limited liability partnership (LLP)
- Corporation
- S corporation or B corporation
- Non-profit organization
What Are Some Examples of Situations Where I Might Need a Business Organizations Lawyer?
You can benefit from a business organization lawyer if you are starting a new business or reorganizing your existing business and you have questions about:
- Limited personal liability
- Tax-preferred status
- Setting up a publicly traded or private company
- Regulatory compliance
- Investment opportunities
How Can a Business Organizations Lawyer Help Me?
Before organizing your business, a business organization lawyer can explain the different structures, benefits, and drawbacks to make sure you get started on the right foot. If there are any complications or legal challenges down the road, a business organization lawyer can represent you in legal negotiations. In helping you choose the right business entity, your lawyer will help with:
- Drafting partnership agreements, bylaws, and operating agreements
- Ensuring compliance with Illinois and Franklin Park licensing and zoning
- Reviewing commercial agreements and contracts
What Could Happen if I Don’t Hire a Business Organizations Lawyer?
If you don’t follow the proper filing, recordkeeping, and corporate structure requirements, it can cause trouble down the road. Working with a business organization lawyer can help you avoid many of the common pitfalls of running a business. There can be serious legal and financial consequences when your business doesn’t follow the strict corporate requirements, including:
- Tax violations
- IRS audits
- Securities law violations
- Personal liability for business losses
- Loss of business reputation
What Questions Should I Ask When Trying To Find a Business Organizations Attorney in Franklin Park?
Find the right business organization lawyer for your business needs. Many lawyers offer an initial consultation where you can ask them questions and see if they are the right fit. These questions can help you determine if this lawyer has the experience to handle your case. Some questions you should ask include:
- What is your experience with business organizations in Illinois?
- What is your approach to handling business organization cases?
- Have you dealt with cases involving this type of business structure?
- What potential outcomes should I expect from my case?
- Are there upcoming legal changes that could change how I structure my business?
Tips for Hiring a Business Organizations Lawyer
Take the time to find a business lawyer who is right for you and will represent your best interests. Find a lawyer who understands your case, knows your needs and goals, and has the experience to get the best outcome. Things to do:
- Ask for recommendations
- Research lawyers online
- Schedule consultations
- Review experience and expertise
- Talk about billing and fees
- Trust your instincts