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Illinois Paid Leave Act – Updates
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Illinois Equal Pay Act Requires Disclosure Of Wages When Posting Employment Ads
On January 1, 2025, the Illinois Equal Pay Act which, as further explained will require employers to disclose pay and benefit information on the job postings that are publicly published. This Act applies to employers with 15 or more employees. Within 14 days of the posting, the employer must notify its current employees of the job opportunity, so the employees…
Ensuring a Thorough and Up-to-Date Contractor’s Project File is Key to a Successful Mechanics Lien Claim
One of the most critical aspects of maintaining a successful mechanics lien claim is ensuring that your project file is thorough and current. The project file serves as a comprehensive record of all pertinent details surrounding the work performed, the parties involved, and the payment history. A well-organized file should clearly identify key information such as who owns the project,…
Illinois Equal Pay Act Requires Disclosure Of Wages When Posting Employment Ads
On January 1, 2025, the Illinois Equal Pay Act which, as further explained will require employers to disclose pay and benefit information on the job postings that are publicly published. This Act applies to employers with 15 or more employees. Within 14 days of the posting, the employer must notify its current employees of the job opportunity, so the employees…
Federal Government Requires Companies To Identify Owners
In 2021, the Federal Government passed a law requiring a privately, for profit Company to report information about its owners to the Department of Treasury. The law is known as the Corporate Transparency Act, 31 U.S.C.A. §5336. The purpose of the law is to investigate people involved in illegal activity such as money laundering and finanancing for terrorism. A Company…
The Federal Government Bans Non-Competition Agreements
In April, 2024, the Federal Trade Commission (FTC) issued a new rule effectively banning existing non-competition agreements for all Workers, except for senior executives. Additionally, the new FTC rule bans an Employer from entering into or attempting to enforce any new non-competition agreements, even if they involve senior executives. The FTC defines a senior executive as a Worker that that…
Overview of the Corporate Transparency Act
The Corporate Transparency Act (31 U.S.C.A. § 5336) was enacted by Congress in 2021 and went into effect on January 1, 2024. The Act requires many companies doing business in the United States to report information about their “beneficial owners”, the individuals who ultimately own or control them to the U.S. Treasury Financial Crimes Enforcement Network (“FinCEN”). The Act defines…
When are terms and conditions contained in a document valid?
Recently, our firm was involved in litigation where one party asserted that an invoice containing favorable terms and conditions could be used against another party, even if the other party had not expressly agreed to the terms and conditions contained in the invoice. The terms and conditions at issue claimed to allow one party to collect attorney fees, interest and…
CHICAGO PAID LEAVE AND PAID SICK AND SAFE LEAVE ACT UPDATED FOR 2024
The City of Chicago Council passed an Ordinance updating the Chicago Paid Sick Leave Act. This Ordinance applies to all private Employers. The updated law provides for the following: 1) 40 hours of paid leave and 40 hours of paid sick leave for each 12 month period; 2) The paid leave applies for any reason and the paid sick leave…
Top 5 Issues When Reviewing and Negotiating a Commercial Lease
While businesses are still grappling with working from home policies for their employees, more and more companies are realizing the benefits of a physical location to meet the needs of their customers and employees. In that regard, when an owner/tenant is reviewing and negotiating a commercial lease, they should consider the following issues: 1) Rental Amount – This includes the actual…
