Business Law

If you own a business in Illinois and are planning to hire employees, it is crucial to understand the legal requirements that will apply to you. From minimum wage laws to workers’ compensation and unemployment insurance, there are several regulations employers must comply with when hiring new staff members. By working with an attorney who has experience in business law, you can make sure you meet all legal requirements, and you can avoid potential disputes or penalties that could affect your business. Illinois-Specific Employment Laws Illinois has several employment laws […]

Starting a small business can be an exciting endeavor, but it also comes with many important decisions to make. One crucial issue business owners will need to address involves whether or not to incorporate a business. Incorporation involves forming a legal entity separate from the owners of the business. This entity has its own rights and liabilities, protecting you as the owner from personal liability in case something goes wrong. As you address issues related to business formation and entity selection, you can work with a business law attorney to […]

Mergers and acquisitions (M&A) are complex processes that require careful consideration, thorough analysis, and experienced legal guidance. Whether you are planning to merge with another company or acquire an existing business, the involvement of a knowledgeable business law attorney is crucial to ensure a smooth and successful transaction. At the Gierach Law Firm, we can assist with: 1. Conducting Due Diligence One of the primary roles of a business law attorney in mergers and acquisitions is conducting due diligence. This involves investigating the target company’s financial records, contracts, assets, liabilities, […]

In today’s digital age, startups are at the forefront of innovation and technological advancements. As these businesses develop and grow, it is crucial for them to understand and protect their intellectual property rights. As they do so, they may face a number of challenges, and they will need to understand the legal issues that may affect them. By working with a business law attorney, startup owners can make sure they are making the right decisions, taking the correct steps to protect their rights, and building winning business strategies that will […]

For business owners, putting a new business structure in place can be an exciting but challenging endeavor. One important decision you will need to make during this process involves choosing the right business entity for your restructured company. The type of entity you select will have significant implications on various aspects of your business, including taxation, liability protection, and management structure. Therefore, it is crucial to carefully consider all the options available before making your decision. The Importance of Choosing the Right Business Entity Selecting the appropriate business entity is […]

There are many elements of running a successful business. In addition to managing day-to-day operations, business owners will need to plan for the future. This will not only involve developing successful business strategies, but also making plans for what will happen to the business after the owner leaves the company. By creating a business succession plan, a business owner can make decisions about the future transfer of ownership and management of a company, ensuring that their business will be able to continue operating successfully after their retirement or death. For […]