What is Equity Crowdfunding? Is this the Future of Raising Investment Capital? It seems that while nearly everyone has heard of crowdfunding, the concept of equity crowdfunding is not as well known but is gaining traction. For those Chicago business owners that are new to this developing area, prior to May…
CAUTION! WATCH OUT FOR THESE WAGE-AND-HOUR PITFALLS The U.S. Department of Labor has been cracking down on wage and hour infractions, and it may be time to review your overtime procedures and policies–it is all too easy to violate wage and hour regulations unwittingly. Sometimes DOL complaints seem trivial. We…
What are the local sick leave laws that could affect local businesses? 3 New Sick Leave Laws could affect your business. The State of Illinois Employee Sick-Leave Act (IESLA) becomes effective January 1, 1917; A new Cook County Sick-Leave Ordinance becomes effective July 1, 2017; A new City of…
Blockchain and Chicago Businesses In September of 2015, the Global Agenda Council on the Future of Software and Society’s World Economic Forum[1] predicted that by 2025, 10% of GDP will be stored on blockchains or blockchain related technology. If you are a Chicago business owner and you are unsure what…
Equity Crowdfunding – The Future of Investing? While nearly everyone has heard of crowdfunding, the concept of equity crowdfunding is not as well known. For those Chicago business owners that are new to this developing area, prior to May 2016, crowdfunding was available only to accredited investors or those with…
Luddites and technophobes have no place in the modern practice of law, as least not according to recent changes in the rules of professional conduct. Technology has found embedded itself into the practice of law. Technology advances are constantly changing the way we practice just as technology is changing our…
Dentists face new problems with overtime for their employees. The Fair Labor Standards Act[1] (FLSA) sets forth standards for both minimum wages and overtime pay as well as record keeping for businesses. Whether your dental practice consists of two employees or a hundred employees spread across three office locations, federal…
The Democratic National Committee is not the only victim of computer hacking[1]. In June of 2016, Bloomberg[2] reported on black market access to 70,000 hacked corporate and business servers. Even LinkedIn was victimized by computer hackers[3] who obtained 117 million passwords. To further complicate things, these types of cyber attacks…