Guest Blogger: Attorney Tracy Ries For parents going through a divorce, the right-now priority is to retain matrimonial attorneys to negotiate or litigate a plan to divide up assets, determine alimony and child support payments, and haggle over children’s residency and visitation schedules. And it’s understandable that’s the top focus…
Articles Posted in Chicago Business Lawyer
Beware the Cryptocurrency Exchange Account
Looking for a reason not to use a cryptocurrency exchange account? If you are looking for a reason to use a cryptocurreny exchange account, you may now have a reason not to use one…..or at least check out the terms and conditions of the exchange. One thorny question has arisen…
Employer Paying for Employees’ Transit Costs?
Transit Benefits Required for Illinois Employers Another wrinkle for employers in the Chicago area. Businesses located in the six-county Chicago area near public transit routes operated by the Regional Transportation Authority (RTA) that have at least 50 employees will be required as of Jan. 1, 2024, to provide their full-time…
Illinois now requires Long-Term Temps to be paid like Employees
Long-Term Temps to be Paid Like Employees Both Illinois employers that contract with temporary labor service agencies, and those agencies themselves that do business in the state, should review staffing contracts and ensure compliance with relevant policies and procedures under amendments to the Illinois Day and Temporary Labor Services Act…
How Does Supreme Court Ruling on ‘Religious Reasons’ Impact Small Businesses?
Supreme Court Ruling on Religious Reasons Small businesses and other employers are likely to find it more difficult to refuse requests for religious accommodations after the U.S. Supreme Court’s ruling in a recent case, Groff v. DeJoy, which concerned a postal worker who unsuccessfully requested to be off-the-clock every Sunday—when…
How Can You—and How Shouldn’t You—Use AI in the Hiring Process?
You Can, But Should You? To begin with, employers thinking about using AI such as ChatGPT during hiring and selection need to familiarize themselves with the technology at a conceptual level, and then look closely at—and understand well enough so they can explain to others—how AI integrates with their recruiting…
How to Avoid Crypto-Scams
How to Avoid Crypto-Scams Do you accept cryptocurrency in exchange for your company’s goods and services? Or are you thinking about it? Then you should probably be aware of various types of scams associated with this virtual currency, most of which fall into the “too good to be true” category,…
Getting Paid in Cryptocurrency?
The pros and cons of accepting Bitcoin and other online payments for small businesses What are the risks of small businesses taking payments in Bitcoin and other cryptocurrencies? What are the rewards? But first, for the uninitiated, what are cryptocurrencies in the first place? They are decentralized digital exchange media…
Can You Keep a (Trade) Secret?
Can You Keep a Secret? At the federal level, the Defend Trade Secrets Act of 2016 created a pathway for civil action due to misappropriation of trade secrets; federal courts also can rule on criminal trade secret actions based on the Economic Espionage Act of 1996. The UTSA defines a…
Looking ahead to 2023
2023 Business Outlook 2022 started out with the hope of a recovery from the pandemic but ended with a recession. With the advent of 2023 we are left to ponder on what is ahead for businesses in 2023. It’s the Recession, Stupid: The war in Ukraine has affected the world…