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.
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.
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
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.
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.
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.
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.
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.