This article provides details and policy opinions about a plan recently proposed by the Office of Federal Contract Compliance Programs (OFCCP) which would require federal contractors and subcontractors to have a certain percentage of disabled workers...
Marc Lane, a Chicago attorney and chairman of the Illinois Task Force on social Innovation, Entrepreneurship and Enterprise, discusses the challenge to find fresh food in low-income neighborhoods in Chicago.
Be careful when informally texting, emailing or IMing other parties to contracts.
Marc Lane discusses the city’s economic growth by Mayor Rahm Emanuel with World Business Chicago.
These days we see arbitration clauses used almost as a default in business agreements. But many entrepreneurs have little idea why this might be preferred to litigation in the courts. Of course, every transaction is different and needs to be...
If it wasn't already clear, contracts are crucial. They are designed to protect your particular interests. That said, each transaction is different and each agreement should reflect the specific intent of the parties. And still we see so many...
We all deal with contracts and agreements in one form or another. But what are the elements that make a contract legally binding and enforceable? This brief overview explains the basic elements.
Contracts are a very important and every-present tool in our business lives. Sometimes when one party under-performs in some way it is not entirely clear whether this amounts to a breach or merely a bump in the road. This very brief...
In light of new Chicago mayor Rahm Emanuel's urgent need to tackle the city's budget deficit, Marc Lane looks at some of the benefits and perils of privatizing city enterprises. He notes how missteps can be made, but also highlights benefits...
Tammi Franke has drafted a lot of agreements between business parties, and has seen many agreements in which one party promises to use "commercially reasonable efforts" or "best efforts" or other similarly difficult-to-define terms. In this...