Gould + Ratner
Ten Mistakes Buyers Make When Negotiating Letters of Intent in Commercial Real Estate Transactions in Illinois
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Ten Mistakes Buyers Make When Negotiating Letters of Intent in Commercial Real Estate Transactions in Illinois

Strong LOIs create faster transactions and, even if an attorney is involved, are considerably less expensive than salvaging a weak LOI or proceeding directly to a purchase agreement.
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The 2026 ALTA/NSPS Land Title Survey Standards: What Do Commercial Real Estate Professionals Need to Know?
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The 2026 ALTA/NSPS Land Title Survey Standards: What Do Commercial Real Estate Professionals Need to Know?

The 2026 ALTA/NSPS Land Title Survey standards took effect on February 23, 2026. The new standards give real estate owners, developers, and lenders opportunities to leverage 2026 ALTA surveys as a more effective risk-management tool.
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2026 Construction Forecast: The Only Thing Certain is Uncertainty
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2026 Construction Forecast: The Only Thing Certain is Uncertainty

As 2026 dawns, it is natural to consider the outlook for construction in the coming year.
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Publications

News
Events
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.
David Michael
Managing Partner
Chair, Human Resources and Employment Law Practice
Alec Cerqueira
Associate
This practice note by Richard Reizen and Ellen Chapelle provides a comprehensive analysis of various construction pricing models, focusing on their advantages, disadvantages and suitability for different project types.
Richard Reizen
Partner
Chair, Construction Practice
Ellen Chapelle
Partner
Chair, Insurance Counseling and Recovery
This practice note by Construction Practice attorneys Richard Reizen, Ellen Chapelle and Hannah Batsche 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.
Richard Reizen
Partner
Chair, Construction Practice
Ellen Chapelle
Partner
Chair, Insurance Counseling and Recovery
Hannah Batsche
Associate
The clip, now dubbed by some as “Coldplay Gate,” depicts the married CEO of Astronomer, Inc., having an affectionate moment with the company’s Chief People Officer (CPO).
Mark Brookstein
Partner
David Michael
Managing Partner
Chair, Human Resources and Employment Law Practice
The United States Supreme Court has determined that the Americans with Disabilities Act (“ADA”) does not extend to discrimination claims from retired employees.
David Michael
Managing Partner
Chair, Human Resources and Employment Law Practice
This article will address the importance of construction project communication and offer some simple steps to make sure such communication is a reality and not an illusion.
Richard Reizen
Partner
Chair, Construction Practice
Ellen Chapelle
Partner
Chair, Insurance Counseling and Recovery
Hannah Batsche
Associate
Although the OBBBA’s tax and spending provisions tend to receive greater media attention, it also contains several provisions impacting employer-sponsored benefit plans.
Hrishikesh Shah
Partner
Chair, Employee Benefits and Executive Compensation Practice
The Tax Cuts and Jobs Act (“TCJA”), which was signed into law on December 22, 2017, made some of the most significant changes to the tax law since the Tax Reform Act of 1986.
Jennifer Tolsky
Partner
Chair, Tax Planning and Structuring Practice
Abby Mahony
Partner
The OBBBA has wide-ranging implications for the real estate market. Here are 10 things every real estate investor should know about the OBBBA.
Aaron Whyte
Associate
On July 4, President Donald Trump signed the One Big Beautiful Bill Act (“OBBB”) into law. Among many changes, the OBBB included an expansion of the qualified small business stock (“QSBS”) gain exclusion under Section 1202 of the Internal Revenue Code.
Abby Mahony
Partner