The Importance of Having an Experienced Commercial Litigation Lawyer in Chicago
When it comes to commercial litigation, having an experienced lawyer by your side can make the difference between winning or losing a case. In Chicago, a city that is the financial hub of the Midwest, businesses face unique legal challenges that require a deep understanding of the local laws and regulations. An experienced commercial litigation […]
How Tax Increment Financing Works: Exploring the Basics
Tax Increment Financing (TIF) is a popular tool used by governments to stimulate economic growth in areas that are otherwise stagnant. It allows businesses to reduce the cost of development, increase investment incentives, and reduce the risk of new projects. However, despite its growing popularity, many businesses are still unfamiliar with how TIF works and […]
When to Hire a Contract Lawyer?
What is a contract attorney? A contract lawyer is a lawyer who specializes in providing assistance with business contracts. A contract lawyer can help you negotiate and draft contracts, review existing contracts, and advise you on legal issues related to your contract. What is a contract? Legal contracts are binding agreement between two or more […]
Cannabis Real Estate
Marijuana for medical and recreational purposes has skyrocketed in recent years. Despite the plant’s status as a Schedule I substance under federal law, the legal marijuana business in the United States was valued at $13.6 billion in 2019, according to New Frontier Data, with 340,000 employees dedicated to plant handling. Further, the global legal marijuana industry size […]
Why Do You Need a Buy Sell Agreement Lawyer
A buy-sell agreement is a legally binding contract between the owners of a business where they agree on what happens to a partner’s shares in the event of life-changing situations that may result in chaos that could potentially ruin the business and bankrupt its owners, assuring the remaining owners that the business will carry on […]
Practicing Law Without A License
Practicing law without a license is a terrible idea that happens to some professionals, consultants or real estate agents may go over the line. Be careful when carrying out your professional relationships and know where the line is for what your jurisdiction considers the unauthorized practice of law. In this article – we cover when […]
Right of First Refusal
What Is the Right of First Refusal? The right of first refusal (ROFR) in the real estate is a contract that gives a specific right to a party to purchase a particular property. The right of first refusal must have at least three parties: the owner, the buyer, and the option holder. The holder of the […]
Attorney Modification Clauses & Your Real Estate Sale Contract
They let you cool off. Relax. You probably blew the deadline & were none the wiser. Chances are that you signed a real estate purchase contract and are having second thoughts. Sometimes realtors like to confuse you and say you should put in an offer – well, that means a contract. So see what Peoria […]