A Leadership Training Program Produced by the U.S. Chamber of Commerce WASHINGTON, D.C.— Institute for Organization Management, the professional development program of the U.S. Chamber of Commerce, has chosen Edward R McMurray, attorney at the law firm of Levin Ginsburg in Chicago, Illinois, to serve as a faculty member at Institute for Organization Management. Institute... Read more » The post Edward R McMurray to Serve as Faculty Member at Institute for Organization Management first appeared on Levin Ginsburg ..read more

The Federal Trade Commission (FTC) has implemented a new, transformative rule, set to take effect 120 days after its publication in the Federal Register, prohibiting noncompete clauses across most employment sectors and applying to all employees, except current “Senior Executives”. This sweeping change intends to enhance labor mobility and spur economic innovation by allowing employees... Read more » The post The Federal Trade Commission is Set to Implement New Rule Prohibiting Noncompete Clauses first appeared on Levin Ginsburg ..read more

A recent court settlement between the National Association of Realtors (NAR) and groups of homeowners across the U.S. has upended the status quo by doing away with the traditional agent commission of 5-6%. As part of the settlement, the NAR agreed that brokers listing homes on NAR affiliated databases no longer need to offer or... Read more » The post How a Recent Court Settlement is Reshaping the Real Estate Market first appeared on Levin Ginsburg ..read more

The United States Court of Appeals for the Seventh Circuit, based in Illinois, certified two questions for the Delaware Supreme Court on the applicability and scope of forfeiture-for-competition provisions stemming from Delaware’s recent decision in LKQ Corporation v. Robert Rutledge. The questions the Seventh Circuit certified concern the enforceability of competition clauses beyond the limited... Read more » The post The Seventh Circuit Seeks Guidance from Delaware Supreme Court on Forfeiture-for-Competition Clauses first appeared on Levin Ginsburg ..read more

The recently enacted Illinois Freelance Worker Protection Act (FWPA) goes into effect on July 1, 2024. It requires non-governmental persons and entities contracting with freelance workers to provide written contracts and timely paid compensation. Failure to do so under FWPA leaves the persons or entities vulnerable to administrative and civil actions for violations. Overview The... Read more » The post How to Navigate the New Illinois Freelance Worker Protection Act (FWPA) first appeared on Levin Ginsburg ..read more

Small and midsize businesses conduct business in different ways. Too often though, businesses favor expediency over detailed record keeping. Record keeping takes many forms, such as detailed e-mail communications, internal memos, or documents that memorialize critical verbal conversations. Though expediency keeps costs down and is efficient, when a dispute arises, lacking the proper documentation can... Read more » The post Why Proper Documentation is Critical to Prevailing in Litigation first appeared on Levin Ginsburg ..read more

Corporate sponsorships and underwriting have become key strategies for many nonprofits and associations nationally. These types of non-dues revenue can be an important component of any nonprofit or association bottom line. Corporate sponsorships have transformative power in advancing a nonprofit or association mission and can significantly impact success and sustainability. However, it is important to... Read more » The post Why Proper Documentation is Vital for Nonprofit Corporate Sponsorships first appeared on Levin Ginsburg ..read more

The Chicago City Council recently passed the Chicago Paid Leave and Paid Sick and Safe Leave Ordinance, effective July 1, 2024. The new ordinance requires all Chicago employers to provide employees with 40 hours of paid leave and 40 hours of paid sick leave within a 12-month period. The new ordinance supersedes the current Chicago... Read more » The post Getting to Know the New Chicago Paid Leave and Paid Sick and Safe Leave Ordinance first appeared on Levin Ginsburg ..read more

Limited liability companies (LLCs) are becoming the “entities of choice” in small to medium size businesses owned by a limited number of members. LLCs are often preferred because of flow-through taxation, low registration costs, limited liability protection, minimal corporate formalities, and flexible membership. LLCs are often formed between family members, friends, or close business relationships... Read more » The post Why You Should Follow Corporate Formalities as a Limited Liability Company first appeared on Levin Ginsburg ..read more

Traditional office spaces, once bustling hubs of professional life, now echo with emptiness. In the wake of the global pandemic, U.S. office vacancy reached 20%, according to a Jones Lang LaSalle (JLL) report. This number excludes the staggering 30% of office spaces that are estimated to become vacant by 2026. Nevertheless, healthcare real estate investment... Read more » The post The Opportunity of Office to Medical Space Conversions first appeared on Levin Ginsburg ..read more