Kevin's firm handled setting up my will and trust recently. They took something that seemed intimidating and made it easy to understand. I've also referred a couple clients to Kevin - he's trustworthy, approachable and very fairly priced.
"I've used Kevin and his firm's services since 2011. He gave undivided attention to my cases, advised me on different options and..."
"Kevin was extremely professional, responsive and knowledgeable when I came to him for help. I would definitely recommend O'Flaherty Law!"
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Whether you're launching a new business or managing an existing one, the decisions you make today can have far-reaching consequences. There are several different types of business structures in Illinois. They include corporations, limited liability companies and others. All have their own legal requirements. For instance, Illinois LLCs are required to have a registered agent in the state and business entities could have ongoing filing obligations with the Illinois Secretary of State. O’Flaherty Law can help Bloomington business owners understand their options, and set up the proper legal documents and procedures.
Many costly business disputes start with unclear expectations. Well-written contracts, operating agreements, ownership agreements and other business documents can spell out who is responsible for what and what should happen when circumstances change. Illinois LLCs can use an operating agreement to manage the affairs of the company and to set out the relationships among the members, managers and the company. Our attorneys can help you review and draft agreements that reduce uncertainty and protect your business interests.
The need for business legal services does not generally stop once a company is established. There may be questions about contracts, ownership changes, partner disagreements, employment issues, transactions or decisions about expanding or restructuring the company. Illinois has different statutory frameworks for LLCs and corporations, so understanding how the rules apply to your business is important. O’Flaherty Law offers pragmatic legal advice to assist Bloomington businesses in meeting their immediate challenges and achieving their long-term goals.
Please contact our friendly lawyers to Schedule a Consultation.
The purpose of a consultation is to determine whether our firm is a good fit for your legal needs. Although we often discuss expected results and costs, our attorneys do not give legal advice unless and until you choose to retain us.
207 W. Jefferson St STE 313
Bloomington, IL 61701
I am personally committed to ensuring that each one of our clients receives the highest level of client service from our team. Our mission is to provide excellent legal work in a cost-effective manner while maintaining open lines of communication between our clients and their attorneys. Many of our clients are going through difficult times in their lives when they reach out to us. They should feel comfortable leaning on the experience and knowledge of our attorneys as their counselors and advocates. We are here to help!

Even a single-member LLC can benefit from a written operating agreement. It can document how the business will be managed, establish procedures for important decisions, and create a clearer separation between the owner and the company. Illinois law recognizes operating agreements as a way to regulate an LLC's affairs and the conduct of its business. An attorney can help determine what provisions make sense for your company.
It is often best to have a contract reviewed before you sign it, especially when the agreement involves significant money, long-term obligations, ownership rights, liability, nonpayment risks, or termination provisions. Reviewing an agreement in advance may reveal unclear terms or risks that are much harder to address after a disagreement develops.
Start by reviewing any operating agreement, shareholder agreement, buy-sell agreement, or other ownership documents that apply to the business. These agreements may address how an owner's interest can be transferred, valued, or purchased. Illinois LLC law also contains rules concerning the transfer of ownership interests, although an operating agreement can significantly affect how those rules apply. A business attorney can review the company's documents and help the owners work toward an orderly transition.