Chicago Start-Ups and Business Lawyer
How a Lawyer Protects Your Business
A Chicago Business Lawyer protects your business by making sure your business starts off right. Whether launching a start-up or forming a partnership, our lawyers protect your interests and provide strategic guidance. We specialize in business law and company formation, but we also handle general business deals and transactions.
When you open an Illinois business, it is important to understand the differences between corporations and LLCs in Illinois. Most corporations in Illinois are governed by the Business Corporations Act of 1983 and LLCs are governed by the Illinois Limited Liability Company Act. When you do not create your operating agreements (for LLCs) or shareholder agreements and bylaws (for corporations), if there is a dispute or problem with your business, then you are stuck with whatever those laws require. By having your own corporate documents, you get to decide what happens if you have a business dispute or if you pass away.
Additionally, we assist with compliance under the Corporate Transparency Act and secure submission of Beneficial Ownership Information (BOI) reports for businesses across the country.
We serve businesses in Oak Brook, Burr Ridge, Naperville, Hinsdale, Lombard, Addison, Downers Grove, Oak Park, Darien, Chicago, Lisle, Westmont, Willowbrook, Clarendon Hills, and the Chicagoland Area. Don’t let legal hurdles slow down your Chicago start-up journey.
Motiva Business Law Offers
- Operating Agreements
- Shareholder Agreements & Bylaws
- Choosing the Right Business Entity
- Consulting on Start Up & Business Formation Matters
- Beneficial Ownership Information (BOI) Report
- Business Contracts
Our Chicago Attorneys Can Help You With
- Starting Your Business: We help you select the business entity that offers the best tax benefits and suits your needs.
- Ongoing Business Legal Support: We provide assistance with the legal aspects of your daily business operations and transactions.
- Forming LLCs: We guide you through setting up a Limited Liability Company and address any related legal requirements.
- Managing Partnerships (LLP): If your business has multiple owners, we ensure fair profit distribution and help prevent future disputes.
- Corporation Assistance: For both S-corps and C-corps, we help you understand your responsibilities as a shareholder.
What are The Benefits Of Working With our business lawyer in Illinois
Flat Fees: We offer flat fees for most of our start up services, so you’ll know exactly what you will pay.
Ongoing Communication: As we’re forming your business, we’ll keep you updated every step of the way.
Simplifying Legalese: We will help you cut through the jargon so you can make accurate decisions.
Custom Fit: We make sure our offering is perfectly aligned with what you want for your business.
Need Help With A Business Law Matter?
What Our Clients Say
Business Lawyer in Chicago FAQ
Business law, also known as corporate law, is a broad area of law that focuses on deal-making and risk mitigation. This includes contracts, business mergers and acquisitions, franchises, and legal compliance. Some business lawyers go to court to litigate disputes, and some do not. Our practice focuses on the transactions only.
For business transactions, you do not need a business lawyer, but it’s typically unwise to try to handle the matter on your own. Even a minor mistake can land you and your business in legal trouble later on, which can destroy your assets and your business. In addition, most sophisticated business owners focus their time on their business and not on aspects where a trained professional is better and more efficient.