General Counsel Services
Lustig & Wickert provides outside general counsel services to start-up and small to medium size businesses in Illinois. Most of our clients can’t afford to hire a full time in-house lawyer, so we give them the edge of having a business law firm on-call without the expense of having a full-time attorney on staff.
Corporations ~ Partnerships ~ Limited Liability Companies
We regularly form new corporations and limited liability companies for our clients on a same day basis at no extra charge. This means that your new business can be up an running in 24 hours with all the necessary formalities. You will be able to open a bank account, hire personnel and conduct business immediately.
We are also highly skilled at handling the purchase or sale of our clients business interests, including stock purchases, asset purchases and mergers. We usually get called in when our clients first contemplate buying or selling a business. We normally participate in the negotiations of the terms and conditions of the transaction and then memorialize the agreements reached by the parties in the way of a contract. Once the contract has been signed and the deal formalized, we work closely with our clients and their accountants to conduct or comply with due diligence required by the contract documents. Once due diligence has been completed, we handle the closing of the transaction and the formal transfer of the business interest.
We routinely advise our clients on employment matters including hiring and termination. We can help you navigate the minefield of laws and regulations regarding independent contractors, non-competition, non-solicitation, non-disclosure and trade secrets.
When the time comes to terminate an employee, we are skilled at preparing severance or termination agreements and advising our clients through the myriad laws impacting this relationship.
We regularly prepare shareholder agreements between shareholders of corporations and operating agreements between members of limited liability companies imposing rights, obligations and restrictions upon the individuals and the business entities. These types of agreements frequently determine the outcome in the event of death, disability, termination of employment, trademark, or sale of an individuals interest in the business.
All business entices with a presence in Illinois are required by law to designate a resident of the State of Illinois to act as the official registered agent of the business to receive service of process and other official papers. More often than not, our business clients request that we act as their registered agent in the State of Illinois and we have developed special systems and procedures for handling this responsibility and to maintain the requisite documentation to maintain the business in good legal standing.