Insights

The SECURE 2.0 Act of 2022 (“SECURE Act 2.0”) makes many changes impacting retirement plans. Among the most significant are changes affecting “catch-up” contributions. The IRS recently finalized regulations relating to these changes. In a nutshell, SECURE Act 2.0, together with the final regulations, provide:

In light of the rapid changes at the federal level, the Illinois General Assembly has passed significant measures aimed at protecting and expanding the rights of employees in the state while making substantial amendments to already existing employment-related statutes.

This practice note by Richard Reizen and Ellen Chapelle, published in LexisNexis’ Practical Guidance, provides a comprehensive analysis of various construction pricing models, focusing on their advantages, disadvantages and suitability for different project types. The article explains that the choice of pricing arrangement is critical as it impacts project costs, responsibilities and opportunities for both owners and contractors.

This practice note by Construction Practice attorneys Richard Reizen, Ellen Chapelle and Hannah Batsche, published in LexisNexis’ Practical Guidance, discusses the scope and limitations of commercial general liability (CGL) policies in managing construction risks. The chapter explains how CGL policies are essential for covering liabilities arising from construction operations, particularly for general contractors who typically bear primary responsibility for site management.

This article was authored by Mark D. Brookstein, David N. Michael and Sophie M. Michael (Summer Law Clerk).

This article was authored by David N. Michael and Sophie M. Michael (Summer Law Clerk).