Top Oak Brook, IL Business Organizations Lawyers Near You
A law firm focused on businesses for over 30 years, and who will have your best interests in mind.
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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180 N LaSalle St, Suite 3700, Chicago, IL 60601
1133 W Van Buren St, Chicago, IL 60607
233 South Wacker Drive, Suite 9400, Chicago, IL 60606
332 S Michigan Avenue, Suite 1032/M212, Chicago, IL 60604
55 East Monroe Street, 37th Floor, Chicago, IL 60603-6029
PO Box 6, Highland Park, IL 60035
1933 North Meacham Rd, Suite 600, Schaumburg, IL 60173
1466 Techny Road, Northbrook, IL 60062
181 Waukegan Road, Suite 205, Northfield, IL 60093-2700
141 W. Jackson Blvd., Suite 2730, Chicagao, IL 60604
1011 Lake St, Ste 100, Oak Park, IL 60301
6 W. Hubbard, Suite 700, Chicago, IL 60654
515 North State Street, Suite 2400, Chicago, IL 60654-4688
55 W. Monroe, Suite 1100, Chicago, IL 60603
444 N. Michigan Avenue, Suite 2600, Chicago, IL 60611
400 Skokie Blvd., Suite 700, Northbrook, IL 60062
155 N Wacker Dr, Suite 4250, Chicago, IL 60606
300 South Wacker Drive, Suite 500, Chicago, IL 60606
33 W. Monroe, Suite 1100, Chicago, IL 60603
180 North LaSalle Street, Suite 2750, Chicago, IL 60601
500 Skokie Boulevard, Suite 650, Northbrook, IL 60062
311 North Aberdeen, 3rd Floor, Chicago, IL 60607
1900 Spring Road, Suite 200, Oak Brook, IL 60523
20 N. Clark St, Suite 3300, Chicago, IL 60602
2201 Waukegan Road, Suite 260, Bannockburn, IL 60015
Oak Brook Business Organizations Information
Lead Counsel Verified Attorneys in Oak Brook
Lead Counsel independently verifies Business Organizations attorneys in Oak Brook and checks their standing with Illinois bar associations.
Our Verification Process and Criteria
Ample Experience
Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
Good Standing
Be in good standing with their bar associations and maintain a clean disciplinary record.
Annual Review
Submit to an annual review to retain their Lead Counsel Verified status.
Client Commitment
Pledge to follow the highest quality client service and ethical standards.
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 Oak Brook 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 Oak Brook?
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