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Lisle Business & Corporate Lawyers | Contract Attorney, Lisle IL

Lisle Business & Corporate Lawyers | Contract Attorney, Lisle IL

Our Lisle business attorneys have the experience and passion for small business to give you the edge over your competition. Our focus on small business and entrepreneurs allows our Lisle attorneys to advise our business owner clients on both legal and strategic matters. With affordable fees and above-and-beyond client service, we will be your resource for all of your legal needs.

Our Lisle business attorneys have the experience and passion for small business to give you the edge over your competition. Our focus on small business and entrepreneurs allows our Lisle attorneys to advise our business owner clients on both legal and strategic matters. With affordable fees and above-and-beyond client service, we will be your resource for all of your legal needs.

Your Community Law Firm

Why O'Flaherty Law for My

Business Representation

Matter?

In this video, our Lisle Business, Corporate & Contract Law attorney describes why O'Flaherty Law is the best choice for your business matter.

  • We Understand Business Owners’ Needs!  Kevin O'Flaherty has a passion for business and entrepreneurship. In 2015 he founded the SeizeYourBusiness.com podcast & videoblog, which was ranked as high as #2 on the iTunes New and Noteworthy List.  Kevin teaches seminars on business law and hosts regular Small Business Workshops. He is also engaged with the local business community.  He currently sits on the Board of Chamber630, the chamber of commerce for Downers Grove and Woodridge.  He is active in the Naperville, Elmhurst, Lisle, Willowbrook/Burr Ridge, and Westmont chambers of commerce and is the past vice-president of the Rotary Club of Downers Grove. 
  • Our Clients Love Us!  Our Lisle business attorneys provide exceptional client service.  Many of our clients have been so "wowed" by our above-and-beyond service that they have taken the time to leave us glowing reviews.  Due to the overwhelmingly positive response from our clients, we received the Avvo Clients’ Choice Award for 2016.  In 2015, Kevin O'FLaherty was named one of Suburban Life Magazine's Best Under 40.   We have an A+ Rating with the Better Business Bureau and have never received a BBB complaint. 
  • We Are Budget-Friendly!  Our Lisle corporate lawyers understand that the last thing that you need for your bottom line is expensive attorney fees.  We provide an affordable solution to your legal needs.  We invite the comparison to our competition, including online form generation websites that do not provide legal advice.   Our budget-friendly rates allow us to establish long-term relationships with our business clients, who can feel confident calling us when they have questions, without worrying about an unexpected legal bill.  
  • We are Comprehensive!  Business owners often have other legal needs such as estate planning, litigation and dispute resolution, bankruptcy and debt negotiation, and real estate law.  Once you develop a trusted relationship with our Lisle business attorneys, you will never have to look elsewhere for a lawyer.  Our team of attorneys has collective experience in nearly every area of law.  We can help you, your business, and your family with all of your legal needs, whatever they may be. 

Some of Our Accomplishments

Schedule a Free Consultation With Our

Lisle Business, Corporate & Contract Law Attorneys

Please contact our friendly

Lisle Business, Corporate & Contract Law Attorneys

at our nearest location to schedule a free consultation:

O'Flaherty Law of Downers Grove

5002 Main Street, Ste 201
Downers Grove
,
IL
60515
Get Directions

See below for our other locations. If our office locations are not convenient for you, we are happy to speak with you by phone.  ​​​

Hours: 9 am - 5 pm Mon - Fri

Our  Office Locations: 

Downers Grove Attorneys, Downers Grove Attorney, Downers Grove Lawyer, Downers Grove Lawyers

Downers Grove

5002 Main St, Ste. 201 Downers Grove, IL 60515

Naperville Attorney, Naperville Attorneys, Naperville Lawyers, Naperville Lawyer

Naperville

105 Jackson Avenue, Ste. 4b Naperville, IL 60540

Elmhurst Lawyer, Elmhurst Lawyers, Elmhurst Attorneys, Elmhurst Attorney

Elmhurst

​110 E. Schiller Street, Ste. 220B ​Elmhurst, IL 60126

Lake in the Hills Attorneys, Lake in the Hills Attorney, Lake in the Hills Lawyer, Lake in the Hills Lawyers

Lake in the Hills

8411 Pyott Road, Ste. 107, ​Lake in the Hills, IL 60156

Tinley Park Attorney, Tinley Park Attorneys, Tinley Park Lawyer, Tinley Park Lawyers

Tinley Park

​16557 Oak Park Avenue, Ste. B, Tinley Park, IL 60477

St. Charles Attorneys, St. Charles Lawyers, St. Charles Attorney, St. Lawyer

St. Charles

210 S Fifth St, Ste. 107B, St. Charles, IL 60174

Meet Our Owner

Kevin O'Flaherty oversees all legal matters and is actively involved in making sure every client's case, big or small, is handled with excellence and attention to detail. He is available to contact through phone and email and his rates are available upon request.

Here's What Our Clients Have to Say:

John Paul Clancy
Says...

"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."

Kevin Sender
Says...

"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."

Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!

An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.

DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
John Paul Clancy
Says...
"Kevin and his firm, O'Flaherty Law, are friendly, efficient, knowledgeable and professional. Kevin is a master at bringing people together and sharing ideas."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Kevin Sender
Says...
"Kevin O'Flaherty and his team at O'Flaherty Law are among the friendliest and easiest to work with attorneys I've dealt with. I would suggest them to any friends or business associates."
DuPage Family Law AttorneyDowners Grove Estate Planning Attorney
Mike Stehlik
Says...
"Kevin and his team are my "Go To" resource for clients that need estate planning"
Kevin Koc
Says...
Kevin O'Flaherty was instrumental during the purchase process of my new house. I highly recommend him and the entire firm!
Stephen Petersen
Says...
An excellent client experience, I recommend O'Flaherty Law to all of my clients that have a need for consultation in family law.
Troy Golden
Says...
Kevin is an excellent attorney. He helped me incorporate by business and provides legal counsel as need. I highly recommend him.

Click here for Videos, Podcasts, and Articles by our Lisle Business, Corporate & Contract Law Attorneys

Or Continue Scrolling Below to Browse some of our Most Helpful Articles

The Illinois Contract Review Process

For those of you who have not hired an attorney before, the idea of having an attorney review a contract may seem expensive and intimidating — it shouldn’t be.

‍The purpose of this article is to shed some light on the process of contract review.

Step 1 – Opinion Letter: 

Step 2 – Discussion with the Client:

Step 3 – Communicating Proposed Changes to the Other Party: 

Step 4 – Review of the Revised Contract:

Read More

For those of you who have not hired an attorney before, the idea of having an attorney review a contract may seem expensive and intimidating — it shouldn’t be.

‍The purpose of this article is to shed some light on the process of contract review.

Step 1 – Opinion Letter: 

Step 2 – Discussion with the Client:

Step 3 – Communicating Proposed Changes to the Other Party: 

Step 4 – Review of the Revised Contract:

Read More

Situations You Should Consult Your Business Attorney

Lisle Business Attorneys, Lisle Business Lawyers, Lisle Corporate Attorney, Lisle Corporate Lawyer, Lisle Contract Attorney, Lisle Contract Lawyer

Lisle business lawyer, Kevin O'Flaherty, discusses the 11 reasons why you should have an attorney for your business.

Lisle Business Attorneys, Lisle Business Lawyers, Lisle Corporate Attorney, Lisle Corporate Lawyer, Lisle Contract Attorney, Lisle Contract Lawyer

It is crucial to have an open line of communication with your business attorney.  You should feel comfortable calling or e-mailing your business lawyer with any questions that arise. Here are the primary situations in which you should consult your business attorney:

  • Incorporating Your Business: Our Lisle business attorneys will help you incorporate your company.  First, we will discuss the benefits of incorporation, such as liability protection and employment tax savings.  We will then discuss the differences between LLCs and Corporations and assist you in making an educated choice between your options.  We will then prepare all necessary corporate filings and registrations to allow you to take full advantage of the benefits of incorporation.  
  • Annual MaintenanceMany business owners do not understand that in order for their corporation or LLC to be effective in protecting them from personal liability for business debt or in saving them on self-employment tax, certain corporate formalities must be maintained.  This means that it is not enough to simply file Articles of Incorporation with the Secretary of State.  Our Lisle corporate attorneys will ensure that these corporate formalities are followed, including the filing of your Annual Report with the Secretary of State and preparation of annual meeting minutes for shareholders and directors, along with all required notices of such meetings.  Note that these formalities are required even for single-shareholder businesses. 
  • Contract Drafting & Review:  Any time you engage in a significant business transaction with anyone, you should have our Lisle contract attorneys draft or review your agreement.  Having a properly drafted agreement protects your rights, avoids disputes and costly litigation, and puts you in the most advantageous position possible should a dispute arise.  The following are some of the types of agreements that you should always have reviewed by an attorney: asset or stock purchase agreements;  non-disclosure agreements (NDAs), non-compete agreements, non-solicitation, trade secret, and non-disparagement agreements; employment agreements and independent contractor agreements; general contractor and subcontractor agreements; amd contracts with your customers.  

Read more on how our Lisle business attorneys help you build and maintain your business.

Work With An Attorney When Incorporating Your Business

Our Lisle Business and Corporate attorneys know that maintaining your business formalities and remaining on the right side of the law is important to you and your company. Here are 5 reasons its necessary working with our Lisle corporate attorneys when incorporating your business:

  • We will advise you in order to help you select the most advantageous corporate form:  Our Lisle corporate attorneys will educate you on the pros and cons of LLCs versus S-Corps in order to find the most cost-effective and best logistical solution for your particular goals and needs.  Choosing the appropriate corporate entity can save you hundreds of dollars in Secretary of State filing fees.   If you have multiple businesses or real estate investments, Series LLCs can compound your cost savings by simplifying the filing process.  If you are a particular type of professional or in certain other types of business, you may be required to incorporate as a P.C. or PLLC.  Our Lisle business attorneys will ensure that you select the best corporate form for you, and will save your business money in the process.  
  • Our Lisle business attorneys will help you follow required corporate formalities in order to receive the benefits of incorporation:  Many people who try to create a corporation without an attorney do not realize that simply filing Articles of Incorporation with the Secretary of State is not sufficient to allow you to receive the benefits of incorporation, such as liability protection and self-employment tax savings.  You may be personally liable if you are sued or audited and have not followed required corporate formalities such as executing bylaws, executing initial and annual meeting minutes for both shareholders and directors, providing proper notice for such meetings to shareholders and directors, and issuing stock certificates.  Our Lisle business attorneys will ensure that your corporation follows corporate formalities so that it will hold up in court if challenged.    
  • Our Lisle corporate lawyers will register your company with the required government agencies:  Many business owners are not aware of all of the government agencies with which they are required to register when incorporating.  As part of our low flat fee for corporate set-up, our Lisle business attorneys will obtain state and federal tax ID numbers for your corporation, register your company with the Illinois Department of Employment Security, and identify and fill out any necessary paperwork specific to your particular industry.  We will allow you to focus on making your business a success, rather than worrying about red tape.  
  • Our Lisle corporate attorneys will assess and advise you on any tax issues associated with the formation of your business and ensure that your business is taxed in the most advantageous manner:  Depending on your situation, filing an S-Corp election with the IRS that may save you and your business thousands of dollars in taxes.  Our Lisle corporate attorneys will work hand-in-hand with your accountant to make sure that your business is set up in the most tax advantageous manner possible.  Filing an S-Corp election can be confusing.  Fortunately, we handle this for you as part of our affordable flat fee for establishing your corporation or LLC.  
  • Our Lisle business attorneys will be your long-term trusted advisors for all of your future business needs:  Throughout the life of your business a good relationship with your business attorney can be a valuable asset.  After we earn your trust by helping you incorporate, our Lisle business lawyers will assist you with drafting and review of contracts and commercial leases, navigating employee issues, planning for long-term exit strategies, and resolving business disputes.  Having an existing relationship with your trusted business attorney, will give you a competitive advantage as legal issues arise throughout the course of your business.   

Read more about the 11 Situations in Which You Should Contact Your Business Attorney.

Lisle business lawyer, Kevin O'Flaherty, explains the differences between corporations and LLCs.

Our Lisle Business and Corporate attorneys know that maintaining your business formalities and remaining on the right side of the law is important to you and your company. Here are 5 reasons its necessary working with our Lisle corporate attorneys when incorporating your business:

  • We will advise you in order to help you select the most advantageous corporate form:  Our Lisle corporate attorneys will educate you on the pros and cons of LLCs versus S-Corps in order to find the most cost-effective and best logistical solution for your particular goals and needs.  Choosing the appropriate corporate entity can save you hundreds of dollars in Secretary of State filing fees.   If you have multiple businesses or real estate investments, Series LLCs can compound your cost savings by simplifying the filing process.  If you are a particular type of professional or in certain other types of business, you may be required to incorporate as a P.C. or PLLC.  Our Lisle business attorneys will ensure that you select the best corporate form for you, and will save your business money in the process.  
  • Our Lisle business attorneys will help you follow required corporate formalities in order to receive the benefits of incorporation:  Many people who try to create a corporation without an attorney do not realize that simply filing Articles of Incorporation with the Secretary of State is not sufficient to allow you to receive the benefits of incorporation, such as liability protection and self-employment tax savings.  You may be personally liable if you are sued or audited and have not followed required corporate formalities such as executing bylaws, executing initial and annual meeting minutes for both shareholders and directors, providing proper notice for such meetings to shareholders and directors, and issuing stock certificates.  Our Lisle business attorneys will ensure that your corporation follows corporate formalities so that it will hold up in court if challenged.    
  • Our Lisle corporate lawyers will register your company with the required government agencies:  Many business owners are not aware of all of the government agencies with which they are required to register when incorporating.  As part of our low flat fee for corporate set-up, our Lisle business attorneys will obtain state and federal tax ID numbers for your corporation, register your company with the Illinois Department of Employment Security, and identify and fill out any necessary paperwork specific to your particular industry.  We will allow you to focus on making your business a success, rather than worrying about red tape.  
  • Our Lisle corporate attorneys will assess and advise you on any tax issues associated with the formation of your business and ensure that your business is taxed in the most advantageous manner:  Depending on your situation, filing an S-Corp election with the IRS that may save you and your business thousands of dollars in taxes.  Our Lisle corporate attorneys will work hand-in-hand with your accountant to make sure that your business is set up in the most tax advantageous manner possible.  Filing an S-Corp election can be confusing.  Fortunately, we handle this for you as part of our affordable flat fee for establishing your corporation or LLC.  
  • Our Lisle business attorneys will be your long-term trusted advisors for all of your future business needs:  Throughout the life of your business a good relationship with your business attorney can be a valuable asset.  After we earn your trust by helping you incorporate, our Lisle business lawyers will assist you with drafting and review of contracts and commercial leases, navigating employee issues, planning for long-term exit strategies, and resolving business disputes.  Having an existing relationship with your trusted business attorney, will give you a competitive advantage as legal issues arise throughout the course of your business.   

Read more about the 11 Situations in Which You Should Contact Your Business Attorney.

Minority Shareholder Rights

Lisle business lawyer, Kevin O'Flaherty, explains the rights majority shareholders have.

Lisle Business Attorneys, Lisle Business Lawyers, Lisle Corporate Attorney, Lisle Corporate Lawyer, Lisle Contract Attorney, Lisle Contract Lawyer

Minority shareholders may not have controlling shares in a corporation however, have right s to ensure that their investment is protected. Minority sharelholders have rights and avenues to explore to make sure that investment IS protected.

What Special Rights and Remedies Do Minority Shareholders of Close Corporations and LLCs Have in Illinois? Read more in our article about these topics and more

  • ‍Minority Shareholders’ Rights to Notice and Voting at Shareholder Meetings
  • ‍Minority Shareholders’ Rights to Access Business Information
  • ‍Breach of Fiduciary Duty  
  • ‍Remedies for Oppression of Shareholders

Read more by our Lisle business attorneys about these topics and more

Further Reading from our

Lisle Business, Corporate & Contract Law Attorneys