Business Law Truth. Justice. Integrity.

Chicago Business Lawyer

Helping Clients Throughout Northern Illinois

Since our founding in 1999, Witek Law Offices has worked with small businesses on a wide range of legal issues. We’ve helped them make important structural decisions at the time of their formation. We’ve negotiated contracts, worked on contractual disputes, and aided in the acquisition and disposition of business interests. The business lawyer in our Chicago office has built a strong track record and earned a reputation as someone who strives to reduce or eliminate risks—but is ready to go to court if that’s what’s needed to protect your interests.

Call (312) 663-7001 today for a free consultation. We work with commercial clients throughout Northern Illinois.

Business Formation Counsel

Your decision regarding your business structure will have a deep impact on everything from taxes to liability to basic governance. Your options include:

Corporations

Corporations offer significant benefits, including limited liability protection for shareholders, which shields personal assets from business debts and liabilities. They also provide opportunities for raising capital through the sale of stock, making it easier to attract investors and finance growth.

LLCs

Limited Liability Companies (LLCs) combine the liability protection of a corporation with the tax efficiencies and operational flexibility of a partnership. This structure allows owners to avoid double taxation by passing profits directly to members, while still protecting their personal assets.

Sole Proprietorships

Sole proprietorships are the simplest and most cost-effective business structure to establish, with minimal regulatory burden. Owners have complete control over their business operations and enjoy direct access to all profits, though they also assume full personal liability for business debts.

Partnerships

Partnerships allow for shared responsibility and decision-making among two or more individuals. They offer pass-through taxation, meaning profits are taxed only once at the individual partners' income tax rates.

Every business owner’s needs are different. When you come to Witek Law Offices, we’ll walk you through how each of the options applies to your specific situation.

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Why Choose Us? Truth. Justice. Integrity.

Witek Law Offices Is Ready to Help You

If you're facing the need for legal services, you want the better choice. Witek Law Offices is committed to treating each client like our only client, and serving you with the highest level of integrity. Call (312) 663-7001 today or click below to contact us online.

Over 25 Years of Experience

Since 1995, Attorney Witek has fought for clients in and out of the courtroom.
Law Practice With Integrity

We represent you with excellence while adhering to our ethical responsibility.
Passionate About Giving Back

As a faith-based firm, community outreach work is a priority for us.
Affordable Legal Help

With transparent and straightforward fees, we offer the afforadability you need.

Common Contractual Issues in Business

The foundation of any contract is the mutual agreement between parties, known as offer and acceptance. Issues can arise when there is ambiguity.

We help our clients avoid and, when necessary, deal with, ambiguities like these:

Contract terms: The terms define the obligations and rights of each party involved. Problems often occur when terms are vague, conflicting, or incomplete, which can result in misunderstandings and disagreements regarding the performance of contractual duties.
Technical terms: These terms refer to specific language and jargon used in the contract. If technical terms are not clearly defined or understood by all parties, it can lead to misinterpretation and non-compliance with the contract’s provisions.
Fraud and coercion: Contracts must be entered into freely and voluntarily. Issues of fraud and coercion arise when one party is deceived or forced into the agreement, thus making the contract’s very existence subject to legal challenge.
Breach of contract: This occurs when one party fails to fulfill its obligations. The result can be legal action, where the other party seeks remedies such as damages or specific performance. Depending on the gravity of the breach, the entire contract could be voided.

Acquisitions and Dispositions of Business Interests

During an acquisition, a company purchases another business's assets or equity, Legal considerations often include due diligence to assess the target company’s financial health, compliance with regulatory requirements, and the negotiation of terms to protect the buyer’s interests.

Dispositions, on the other hand, involve selling or divesting business assets or equity. This process demands meticulous preparation to ensure that the assets are valued accurately and that the sale terms align with the seller's strategic goals. Legal challenges can arise from contractual obligations, potential liabilities, and tax implications.

Both acquisitions and dispositions require a thorough understanding of corporate law, contract negotiation, and financial analysis. Potential challenges include integration issues post-acquisition, disputes over valuation, and compliance with antitrust laws.

Effective legal counsel is vital to navigating these complexities, mitigating risks, and facilitating a smooth transition. By addressing these legal and operational elements, businesses can achieve their strategic objectives while minimizing disruptions and protecting their interests. Witek Law Offices is here to help you do just that.

General Counsel Availability

For small to mid-sized businesses seeking the advantages of having a general counsel (GC) without the financial burden of a full-time salary and benefits, we offer part-time GC plans customized to your legal needs and budget. These plans give you predictable, fixed legal expenses each month.

Furthermore, if you have existing general counsel, we can collaborate to handle excess workload at competitive rates. Our commitment to straightforward and ethical business practices makes us an ideal partner as you navigate your own path to success.

Our business lawyer serves Chicago and throughout Northern Illinois. Call (312) 663-7001 or contact us online to schedule a free consultation.

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About Our Firm Legal Excellence With Integrity Meet Attorney Thomas Witek

Attorney J. Thomas Witek, with over 25 years of experience, is dedicated to guiding clients through challenging legal situations with a focus on ethical practice and the pursuit of truth and justice. Read more our firm's commitment to excellence for every client by clicking below.

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We Turn Challenges Into Triumphs

Have questions or ready to get started? Call (312) 663-7001 or contact us below today.

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