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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!"
Choosing the right law firm can change everything. At O’Flaherty Law, we pride ourselves on transparency, responsiveness, and personalized care. See how we compare to the industry standard.
The structure of a business affects who owns it, who runs it, how it is taxed, its liability and its future growth. Illinois entrepreneurs often have a choice of sole proprietorships, limited liability companies (LLCs), corporations and other business structures. Creating an LLC or corporation is more than just submitting documents to the state. Business owners should also think about how decisions will be made, how profits and losses will be divided, what will happen if an owner leaves, and how disputes will be resolved. Waukegan business owners can consult with O’Flaherty Law to evaluate their options and develop a legal structure that fits their current needs and future plans.
In Illinois, LLCs generally are formed by filing Articles of Organization with the Illinois Secretary of State, while corporations are formed by filing Articles of Incorporation. Once a business is formed, other documents may be useful in protecting the business and its owners. An LLC operating agreement can specify ownership percentages, management duties, voting rights, rules for transferring an ownership interest, and other important rules. Bylaws, shareholder agreements and prepared corporate records may also be beneficial to corporations. Our attorneys can assist you with formation documents, operating agreements, shareholder agreements, contracts, ownership changes and other legal needs that arise during the life of a business.
Once the business is formed, there are scarcely any legal questions remaining. New partners can be added, owners can leave, contracts can be re-evaluated, or there can be disputes between members or shareholders. O’Flaherty Law works with businesses from entrepreneurs just starting their first company to more established businesses with more complex legal issues. We find out what you want to do and offer you concrete choices about how to move forward. Whether you are starting a Waukegan business, restructuring an existing company, drafting agreements or facing an ownership issue, our team can assist you in making well-informed decisions while keeping your business goals in mind.
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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.
33 N. County St., Ste. 505
Waukegan, IL 60085
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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!
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