Top 5% of Business Lawyers in Oak Park, Illinois | UpCounsel

Oak Park Business Attorneys & Lawyers

Steven Stark Business Lawyer for Oak Park, IL

175 reviews

Joshua Garber Business Lawyer for Oak Park, IL

146 reviews

Jonathan Pasky Business Lawyer for Oak Park, IL

2 reviews

Abiola Kalejaiye Business Lawyer for Oak Park, IL

1 review

Aaron Rifkind Business Lawyer for Oak Park, IL

2 reviews

Maudia Washington Business Lawyer for Oak Park, IL

Patrice Perkins Business Lawyer for Oak Park, IL

2 reviews

Chris Werner Business Lawyer for Oak Park, IL

Kevin Keener Business Lawyer for Oak Park, IL

2 reviews

Why use UpCounsel to hire a Oak Park Business Attorney?

14 years

Average experience

You always get experienced professionals and high caliber work.

3x

Faster

Your work gets done quickly because professionals are always available.

60%

More cost effective

We use technology to cut traditional overhead and save you thousands.

UpCounsel has been talked about in:

Money-Back Guarantee on All of Your Legal Work

Applies to all transactions with verified attorneys on UpCounsel

In the event that you are unsatisfied with the work of an attorney you hired on UpCounsel, just let us know. We’ll take care of it and refund your money up to $5,000 so you can hire another attorney to help you.

Legal Services Offered by Our On-Demand Oak Park Business Attorneys

Our experienced Oak Park business attorneys & lawyers handle both transactional matters and litigation involving business and commercial disputes. The business attorneys found on UpCounsel offer a broad range of practice areas relevant to small businesses and their owners, including Business formation, Commercial transactions, Employment law, securities, litigation, contracts, taxes, intellectual property protection & litigation, and much more.

If you are looking for a top rated Oak Park business attorney that charges reasonable rates for quality work, you have come to the right place. The average business attorney in Oak Park for hire on UpCounsel has over 10 years of legal experience in a variety of business law related areas to best help you with your unique business legal matters.

If You Need Ongoing Legal Counsel or Ad-hoc Legal Work - We Can Help!

Improve Your Legal ROI with Affordable Business Attorneys that service Oak Park, IL.

Want to Connect with Top Oak Park Business Attorneys & Lawyers?

What Our Customers Have to Say

"UpCounsel gives me access to big-firm lawyers minus the big-firm price tag. I work with several attorneys on the platform and there are never surprises...I always receive quality legal work at competitive rates that larger firms simply cannot match."

Scott Woods
SVP & General Counsel

"Every startup needs to know about UpCounsel. We found great attorneys at great prices and were able to focus our resources on improving our business instead of paying legal bills."

Sean Conway
Co-founder & CEO

"Before UpCounsel it was hard for us to find the right lawyer with the right expertise for our business. UpCounsel solves those problems by being more affordable and helping us find the right lawyer in no time."

Tristan Pollock
Co-founder & COO

Related Articles


Corporate Personhood

  • 9 min read

What is Corporate Personhood?

Corporations have some of the same rights as people. This is known as corporate personhood. It is the idea that a corporation has its own rights. Corporate personhood has existed much longer than many people realize. 

Corporate personhood is not just for large companies. As long as a business is incorporated, it  can benefit from corporate personhood. Organizations that benefit from corporate personhood can include:

  • Large businesses
  • Small businesses
  • Churches
  • For-profit organizations

Because it bought land, the Catholic Church is one of the earliest examples of corporate personhood.

Many people are against the idea of corporate personhood. In their opinion, companies are not people and do not deserve the same rights as a regular person. However, this leg

...

Read More

Condition Precedent

  • 5 min read

What Is a Condition Subsequent?

A condition subsequent (CS) is an exit clause from an existing contract. The agreement between parties includes language that frees one of them from the deal. This happens when a conditional outcome occurs. A CS relieves a party of all obligations.

What's the Purpose of a Condition Subsequent?

Think of a condition subsequent as an escape clause. It ends a party's contractual obligation. In contracts, all involved parties have certain responsibilities. The CS gives one party the ability to walk away from the promise to perform a duty.

A CS is a kind of insurance for one or more parties. It makes sure that one of the groups in the contract can leave when certain conditions are met.

Think of a contract as a series of promises. Everyone who signs the agreement must keep their promises. Sometimes, a

...

Read More

Secured Debt

  • 3 min read

What is Secured Debt?

Secured debt is a debt that's secured by pledging an asset for collateral. It means someone took on a debt and backed it with a piece of property they own. The lender puts a lien on the asset that's been pledged, giving them the ability to legally take the asset if the debt is defaulted on.

Common examples of a secured debt include a mortgage and a car loan. The car or the house become the security asset for the debt that you took on. If you default on the payments for any reason, the lender has the right to take you to court in order to recover the asset.

A lender usually requires the asset be maintained and/or insured to a set standard in order to maintain asset value. For example: a lender who issues an auto loan requires the borrower to obtain a specific type and level of insurance coverage

...

Read More

Net 30

  • 4 min read

Net 30: What Is it?

Net 30 is an invoice payment phrase that means the customer must pay the entirety of their bill in 30 days or fewer. Often if the customer does not pay within the 30 day period, interest is charged.

Not all clients will understand what net 30 means, so it is important to make a note somewhere on the invoice to let first-time clients know what is expected. If you have not received payment and the deadline for the net 30 payment is approaching, it is good practice to issue a reminder to your customer.

Advantages of Offering Net 30

  • As the seller, offering Net 30 to your customers shows that you trust them. Some large companies and government agencies demand Net 30 terms from their suppliers, so offering Net 30 terms to your clients allows you to maintain a competitive edge against other businesses in your niche.
  • As the customer, Net 30 is great because it allows you to conserve your c

...

Read More

How is a Corporation Taxed?

  • 3 min read

Corporations are the basic and traditional business entity in this and many other countries. Unless a corporation can qualify for what is called ‘pass through’ treatment by electing to be taxed under a part of the Internal Revenue Code called Subchapter S , a corporation is taxed similarly to the way an individual is taxed. Being subject to the default tax treatment is what makes a corporation a “C Corp;” being able to qualify for pass-through treatment, and actually making an election to do so, makes a corporation an “S Corp.” They are the same type of business entity, taxed differently, and a corporation may be both a C Corp and an S Corp at different times in its existence.

C Corporations pay tax on their net income, just like individuals do. So all revenues are reported each year to the IRS on Form 1120, as are all allowable deductions for business expenses, which may include compensation to employees, payments to

...

Read More

Find the best lawyer for your legal needs