Blog Posts in 2016

  • What to do if You've Been Put on a Performance Improvement Plan

    A performance improvement plan (PIP) is often used as a way for employers to give employees an opportunity to succeed, while still holding them responsible for their past performance. For employees, however, a PIP is often seen as something to fear in the workplace. While there are several misconceptions surrounding PIPs and what they strive to do, there are helpful tips you should consider if ...
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  • End-of-the-Year Checklist for Your Business

    The end of the year seems like a whirlwind of parties, holiday shopping, and finishing up last minute tasks before the start of the new year. If you’re a business owner, this is the time when your business needs the most attention. Taking care of last minute accounting, IT, and administrative tasks can help close the year and prepare you for success in the upcoming year. In this blog, out Chicago ...
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  • What is Capacity to Contract?

    When drafting a legally binding business contract with more than one individual, you want to make sure that everyone entering the agreement has the capacity to contract. In other words, each person you are going into business with must be legally eligible to enter the contract. If someone who lacks the capacity to contract enters your agreement, the agreement becomes void and unenforceable. In ...
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  • Recoverable Damages in Wrongful Termination

    When taking legal action against a former employer in a wrongful termination suit, the monetary award you receive are often referred to as “damages.” It’s important to note, however, that these types of cases typically do not result in huge lump sums of cash – the main purpose of these damages is to make the plaintiff whole. In this blog, our Chicago employment lawyer discusses the damages you can ...
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  • Why You Probably Won't Get a Public Apology

    Last month, Fox News settled Gretchen’s Carlson’s sexual harassment claim against former chairman, Roger Ailes, by agreeing to pay Carlson $20 Million and make a public apology. Carlson didn’t sue Fox. Instead, she sued Ailes personally. And, even though Ailes consistently denied Carlson’s allegations that she was fired from Fox because she complained about Ailes’ sexual harassment, 21st Century ...
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  • What is a Registered Agent?

    In the state of Illinois, every corporation must have a registered agent. A registered agent is a third-party responsible for receiving service of process notices, correspondences, and other forms of official government notifications. In this blog, our Chicago business lawyer explains the importance of having a registered agent. Benefits of Having a Registered Agent It’s easy to be overwhelmed by ...
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  • New Laws & Ordinances Review: Employers, Make Sure You Are In Compliance

    There are been some important changes to the law for employers in 2016, and it is important to make sure your company is in compliance. Review these changes below and speak with our dedicated Chicago employment law attorneys to ensure your business is ready to comply. On July 1, 2016, the Minimum Wage for the City of Chicago increased to $10.50 an hour for employees who do not receive tips, and ...
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  • Preparing to Meet With Your Employment Lawyer

    If you’ve been a victim of retaliation, wrongful termination, or workplace discrimination, you may have the right to take legal action against your employer. In the beginning stages of building a case, the first step will likely be attending an initial consultation with an attorney. In this blog, our Chicago employment lawyer explains how to best prepare for the first meeting you have with an ...
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  • What Your Severance Package Can Include

    There are a couple instances in which you are entitled to receive severance pay – if you’re being laid off due to a company closure, or if you were led to believe you’d be paid severance as stated in a written contract or promise, you should receive some form of severance. In this blog, our Chicago employment law attorney explains what your severance package may include. Pay This is perhaps the ...
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  • Common Business Mistakes to Avoid

    Launching a new business is a new and exciting endeavor for any business owner. It’s a fulfilling experience, but if you’re not careful, you can fall into the trap so many other new business owners find themselves in. In this blog, our Chicago business lawyer explains common business mistakes to avoid. Partner Problems If you plan on operating your business under a partnership structure, the ...
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  • Attorney Kristen Prinz to Present Webinar for WealthCounsel

    Attorney Kristen Prinz of The Prinz Law Firm is scheduled to present a webinar on the basics of employment law for small business attorneys. The webinar will be shown on WealthCounsel at 1 p.m. ET on August 23, 2016. WealthCounsel is registered with the National Association of State Boards of Accountancy as a sponsor to continue the professional education of lawyers and attorneys. WealthCounsel ...
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  • Is Your Contract Legally Valid?

    Due to the convoluted and complex legal language used in business contracts, they are often perceived as difficult to understand. If you’re entering a business transaction with a business partner, other person, or entity, it’s likely you’ll need to draft a contract. The basic foundation behind every contract is writing it in a way that makes the contract legally valid. In this blog, we discuss the ...
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  • Five Strategies for Contract Negotiation

    Negotiations are a key component in reaching a business agreement. During contract negotiations, the different parties of the agreement will get together and discuss the details of the contract. While it’s easy for negotiations to quickly become heated if you don’t properly prepare, our Chicago business attorney has five strategies you can use to help. Break Up the Negotiations One of the biggest ...
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  • Chicago's Paid Sick Leave Ordinance

    As of July 1, 2017, all employers in Chicago will be required to provide eligible employees up to 40 hours of paid sick leave in each 12 month period. The law is an amendment to the Chicago Minimum Wage Ordinance (2-25-050). Who is a covered employer? Any individual or business that maintains operations within the City of Chicago boundaries or who is subject to Chicago’s licensing requirements and ...
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  • What To Do If You're Being Sexually Harassed

    Sexual harassment is the term used to describe any unwelcome sexual advances, requests for sexual favors, or other conduct and behavior that is considered inappropriate in the workplace. If you find yourself on the receiving end of unfavorable and unwanted advances – whether it be quid pro quo or a hostile work environment – you have every right to take action to put an end to it. Don’t Fall ...
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