Why form an LLC
An LLC is a legal entity separate from its owners. When it is properly formed and maintained, the company’s debts, contracts, and lawsuits belong to the business, not to you personally.
LLC and corporation formation, contract drafting and negotiation, and ongoing outside general counsel for Illinois business owners and companies, from an attorney with years of experience as an in-house corporate attorney and general counsel.
From founders forming their first company to established businesses with growing operations, we work with clients at the points where careful legal work matters most.
Choosing between an LLC and a corporation, filing with the Illinois Secretary of State, and drafting an operating agreement or bylaws that reflect how the owners actually run the company.
Operating, shareholder, and partnership agreements that settle ownership, decision-making, distributions, and what happens if an owner leaves, becomes disabled, or dies.
Buying out a partner, admitting a new owner, or restructuring ownership, including valuation, payment terms, and the documents that complete the transfer.
Drafting, reviewing, and negotiating the agreements a business relies on: customer and vendor contracts, leases, and employment and independent contractor agreements.
An ongoing relationship with a lawyer familiar with your operations, available to call before you sign, hire, or commit.
Preparing the company for a sale or a transfer to family, and coordinating the transition with each owner’s estate plan.
The choice affects your personal liability, how the business is taxed, and how the owners eventually exit. The essentials:
An LLC is a legal entity separate from its owners. When it is properly formed and maintained, the company’s debts, contracts, and lawsuits belong to the business, not to you personally.
Without an entity, you and the business are legally the same. A lawsuit or unpaid business debt can reach your personal savings and home. Co-owners without an entity are generally treated as a partnership, where each can be personally liable for the others’ business decisions.
C corporation: the company pays tax on its profits, and owners pay again on dividends. Common for businesses raising outside investment.
S corporation: a federal tax election available to LLCs and corporations. Profits pass through to the owners, which can lower self-employment taxes for profitable businesses.
Filing with the Secretary of State is the simple part. The operating agreement or shareholder agreement governs who controls the company, how profits are divided, what happens if an owner wants out, dies, divorces, or stops contributing, and how disputes are resolved. Generic templates rarely address these questions in enough detail.
Many businesses need regular legal guidance without needing a full-time in-house lawyer. Ronnie has served as in-house counsel and general counsel, and we bring that same role to your company: a lawyer who knows the business and is available when questions come up.
Business owners often put off calling a lawyer, and small issues grow in the meantime. With a lawyer already familiar with your company, you can ask the question before you sign, hire, or commit.
Each engagement is tailored to the size and needs of your business.
We draft agreements for you to present, and we review and negotiate agreements you are asked to sign.
Customer and client agreements, master services agreements, statements of work, terms of service, and vendor and supply contracts.
Operating agreements, shareholder agreements, partnership agreements, and buy-sell agreements with clear exit and valuation terms.
Employment agreements, independent contractor agreements, offer letters, confidentiality, and non-solicitation agreements.
Non-disclosure agreements, IP assignment agreements, and licensing arrangements that keep your work product yours.
Asset and equity purchase agreements, letters of intent, and the documents needed to buy, sell, or merge a business.
We redline the other side's paper, explain what each change means for you, and negotiate firmly and professionally on your behalf.
You can, but it is rarely a good idea. Filing the paperwork is the easy part. Online services do not tell you whether an LLC is the right structure, how to divide ownership and control among owners, or how to avoid the mistakes that allow a court to disregard the company and reach your personal assets. These gaps tend to surface at the worst possible time, during a dispute between owners, a sale, or a lawsuit, when correcting them costs far more than getting them right at the start.
Yes. A single-member operating agreement helps demonstrate that your LLC is a separate entity, which supports your liability protection. It also addresses what happens to the business if you die or become incapacitated, an issue that ties directly into your estate plan.
If you sign contracts regularly, have employees or contractors, or find yourself with legal questions more than a few times a year, an ongoing relationship with a lawyer who already knows your business usually means faster, better-informed answers. We're happy to discuss what makes sense for you.
“Standard” usually means standard for the party that wrote it. Indemnification, limitation of liability, automatic renewal, termination, and non-compete terms can carry significant consequences. A review before signing is inexpensive compared to the cost of a bad term.
In-house lawyers see what happens after documents are signed: the contract dispute, the hiring problem, the investor who wants to renegotiate. Ronnie's years as an in-house corporate attorney and general counsel inform how we draft contracts and company documents for you, with attention to how the business actually operates and where it is headed.
Absolutely. Entity selection and many business decisions have tax consequences. We regularly coordinate with clients' CPAs and financial advisors so that the legal and tax sides of your business are aligned.
Whether you are forming a company, reviewing a contract, or considering ongoing counsel, call or send a message to set up a meeting.