- Consumer's Choice Award 2019
- Consumer's Choice Award 2020
- Consumer's Choice Award 2021
- Consumer's Choice Award 2022
- Consumer's Choice Award 2023
- Consumer's Choice Award 2024
Located in the heart of Chicago Loop, our business and corporate practice helps companies of every size navigate the complexities of modern commerce. We guide founders, growth-stage ventures, and established firms through formation, governance, and everyday legal decisions. By blending practical advice with clear communication, we help clients protect assets, pursue growth, and avoid costly disputes. Our approach centers on understanding your industry, your goals, and the realities of Illinois business regulation, so you can move forward with confidence.
As Chicago Loop businesses face evolving markets, a trusted attorney partner is essential to staying competitive. We tailor legal strategies to your company’s stage, from startup to legacy enterprise, addressing contract formation, risk assessment, regulatory compliance, and strategic transactions. Our team emphasizes practical timelines, transparent billing, and responsive communication, aiming to minimize surprises and maximize value. Whether negotiating vendor agreements, protecting intellectual property, or planning succession, we work alongside you to implement sound policies that support sustainable success and resilient growth in a dynamic city landscape.
Engaging a business and corporate attorney helps clarify options, align legal steps with growth plans, and reduce exposure to risk. A thoughtful partnership accelerates deal flow, improves contract quality, and supports strong governance. By assessing risk early, identifying regulatory constraints, and coordinating teams across finance, operations, and leadership, you can pursue opportunities with greater confidence. The aim is not to replace teams but to complement them with disciplined processes, practical safeguards, and steady guidance through negotiations, reorganizations, or expansion.
Our firm, centered in Chicago, serves mid size and growing businesses across industries. We bring teams with broad practice coverage including corporate formation, governance, contract development, and transactional work. While each matter is unique, our approach remains consistent: listen carefully, analyze thoroughly, and deliver clear, actionable recommendations. We collaborate with clients to implement documents, policies, and structures that stand up to scrutiny in state and local regulatory environments, helping organizations navigate growth with stability.
Business and corporate law encompasses entity formation, governance frameworks, contract review and drafting, compliance, and strategic transactions. This service supports day to day operations and long term planning, ensuring that your legal structure aligns with business goals. Professionals in this field translate complex rules into practical steps, helping leadership focus on building value while reducing the chance of disputes or misaligned agreements. With clear processes, attainable milestones, and transparent communication, you gain a reliable foundation for steady progress.
Within the Chicago Loop, businesses benefit from counsel who understands local markets, regulatory nuances, and the pace of corporate activity. Our guidance covers contract negotiations, corporate governance, risk assessment, and the orchestration of closing deals. We help clients prepare for audits, investor inquiries, and compliance reviews, while keeping practical considerations front and center. The goal is to equip leadership with concrete steps, well documented agreements, and a clear path to growth that aligns with the company’s values and capacity.
Business and corporate legal services refer to a suite of advisory activities that help organizations form, govern, and transact with confidence. The focus is on translating rules into workable plans, documenting decisions, and protecting assets. Services include entity creation, governance frameworks, contract design, risk controls, and regulatory compliance. By aligning legal steps with business objectives, leaders can operate more smoothly, resolve issues proactively, and maintain clarity around roles, responsibilities, and expected outcomes.
Key elements include due diligence, contract governance, risk assessment, compliance checks, and tailored policy development. The processes begin with discovery and needs assessment, followed by document drafting, internal approvals, and final execution. Coordination with finance, operations, and leadership ensures practical safeguards are embedded in day to day activities. We emphasize transparency, version control, and accessible records so teams can review decisions and continue to operate smoothly as new opportunities arise.
This glossary explains common terms used in business and corporate law so stakeholders can follow conversations and decisions. Clear definitions support consistent communication, reduce misunderstandings, and speed up contracting and governance processes. Practical examples illustrate how terms apply in formation, board oversight, and transactional work, helping leaders and teams collaborate more effectively. The glossary is a living resource that grows with your business, reflecting changes in law, regulatory expectations, and the evolving needs of your organization.
Compliance refers to the processes and controls that ensure a business adheres to applicable laws, regulations, and internal standards. It involves monitoring obligations, documenting procedures, and implementing programs that prevent violations and reduce risk. A practical approach includes regular training, audits, and timely updates to policies. By embedding compliance into everyday operations, a company demonstrates due diligence, preserves reputation, and maintains the ability to respond swiftly when regulatory changes occur.
Corporate governance encompasses the structure and practices that guide how a company makes decisions, manages risk, and relates to stakeholders. It includes board roles, fiduciary duties, delegation of authority, and transparent reporting. Effective governance supports strategic alignment, accountability, and sustainable growth. By establishing clear policies and review cycles, a business can navigate complex situations, maintain stakeholder trust, and respond responsibly to regulatory developments and market changes.
Mergers and acquisitions describe the process of joining two or more businesses or acquiring control of another company. This area covers due diligence, valuation, structuring of transactions, regulatory approvals, and integration planning. A structured approach reduces risk, clarifies obligations, and helps maintain continuity of operations. Sound governance and clear documentation support a smooth transition, protect employee and stakeholder interests, and position the combined entity for long term success.
Due diligence is a comprehensive review conducted before a major business decision, such as a merger, acquisition, or large contract. The goal is to verify facts, identify risks, and assess the value and implications of the proposed action. A thorough process gathers financial data, legal obligations, intellectual property considerations, and operational dependencies to inform negotiation strategies and safeguard the company’s interests.
When businesses face legal decisions, multiple paths may be available, each with benefits and potential risks. We compare options such as in house arrangements, outsourcing specific tasks, and engaging outside counsel for complex matters. The goal is to help leadership weigh cost, control, speed, and risk tolerance while aligning with business objectives. A thoughtful comparison considers governance needs, contractual requirements, and long term implications, guiding a pragmatic choice that supports growth and resilience.
In some situations a streamlined legal approach yields the desired results without unnecessary complexity. For smaller transactions, routine contracts, or modest governance needs, a focused set of documents and guidance can move work forward efficiently. This approach prioritizes speed, cost control, and clarity, while ensuring essential protections remain in place. We tailor the scope to your situation, keeping lines of communication open and retaining flexibility to adjust as business needs evolve.
A limited approach also works when the goal is to test a new product, partnership, or market entry before committing to broader organizational changes. By focusing on essential terms, milestone checks, and clear exit provisions, leaders gain confidence to monitor progress. This method reduces disruption to ongoing operations and allows for incremental investment and learning as the business evaluates next steps.
A comprehensive legal service is valuable when your business faces complex growth, multi jurisdiction concerns, or significant transactions. In these scenarios, a broad and coordinated approach helps align strategy with compliance, governance, and risk management. The goal is to create a seamless framework that supports negotiations, protects assets, and facilitates smooth execution across departments. A holistic plan often reduces back and forth, accelerates decisions, and strengthens confidence among stakeholders.
When organizations prepare for mergers, restructurings, or complex regulatory reviews, a comprehensive service ensures all moving parts coordinate. Proactive planning, integrated documentation, and consistent guidance help avoid delays, negotiate favorable terms, and maintain clear ownership of responsibilities. A broad scope supports due diligence, integration planning, and post transaction governance, creating stability during transitions. By maintaining alignment across teams, leadership can pursue strategic opportunities with a clear understanding of legal implications and operational readiness.
A comprehensive approach delivers consistency, reduces ambiguity, and supports scalable growth. By coordinating formation, governance, contracts, and compliance under a single plan, businesses experience faster decision making and smoother execution. The right framework helps protect assets, align teams, and respond efficiently to changing market conditions. In practice, this means clearer responsibilities, standardized documents, and repeatable processes that empower leadership to focus on strategic priorities.
In addition, a comprehensive view minimizes duplicated efforts, lowers risk of miscommunication, and improves oversight. When regulatory rules shift, a unified system makes it easier to update policies and train staff. The overall effect is improved governance, stronger compliance, and better relationships with partners and lenders. With predictable workflows and documented expectations, teams can execute sooner, close deals confidently, and pursue growth with a stable foundation.
Enhanced decision making stems from integrated information and clearly defined approval points. When decisions follow a documented process, stakeholders understand roles, timelines, and accountability. This clarity reduces back and forth, speeds up negotiations, and supports timely execution. A unified approach also strengthens risk management by ensuring governance and compliance checks occur consistently across matters.
Stronger stakeholder relations emerge from predictable policies and transparent reporting. When lenders, investors, and partners see a cohesive framework, trust grows and opportunities expand. A comprehensive approach also provides clearer metrics for performance and governance, helping leadership align incentives with long term value. This foundation supports resilience, smoother audits, and confident growth as the business navigates change in a competitive market.
Start negotiations with a clear set of objectives and a defined scope. Prepare baseline contract templates that reflect your standard terms, so your teams can reuse and adapt quickly. Document decision points and approval authorities to reduce delays, and set expectations for response times to keep deals moving forward. Regularly review and update your templates to reflect changes in regulatory requirements, market conditions, and business strategies. A proactive, organized approach saves time and reduces risk.
Regularly benchmark legal spend against outcomes and value delivered. Track cycle times, negotiation efficiency, and the quality of documentation to identify improvement opportunities. Set measurable goals for reducing delays, increasing predictability, and improving cohesion across departments. By measuring progress, leadership can allocate resources more effectively and adjust strategies as the business evolves. A data driven approach complements legal guidance, ensuring decisions align with financial, operational, and strategic priorities.
Businesses consider legal services to support growth, protect assets, and maintain control over risk. When navigating contracts, governance, and regulatory landscapes, having a dedicated partner adds clarity and efficiency. A thoughtful arrangement helps leaders plan, make informed decisions, and implement policies that reflect company values. By taking a proactive stance, organizations reduce disputes, accelerate milestones, and improve relationships with vendors, investors, and regulators, fostering long term resilience in a competitive market.
In dynamic markets, timely legal input matters for expansion, financing, and strategic collaborations. A robust service supports due diligence, negotiation leverage, and documentation quality while keeping costs predictable and transparent. With clear responsibilities and agreed processes, teams can execute efficiently, respond to opportunities, and manage changes to organizational structure. The result is smoother operations, stronger governance, and enhanced confidence across leadership, employees, and partners.
Common circumstances include forming a new entity, negotiating major contracts, facilitating capital raises, and guiding mergers or acquisitions. In each case, structured support helps ensure compliance, protect rights, and align with business goals. When the scope expands or risk grows, having a coordinated approach can prevent missteps and delays, supporting a smooth transition for leadership, teams, and stakeholders.
Formation of a new company or special purpose entity involves choosing the right structure, filing requirements, and governance design. Clear documentation sets initial expectations for ownership, responsibilities, and decision making. We guide you through the process, ensuring compliance with state requirements while aligning with long term goals and the realities of the market.
Negotiating significant contracts or vendor agreements requires careful drafting and risk assessment. By focusing on essential terms, remedies, and exit provisions, you protect interests and create a foundation for successful collaborations. Our guidance emphasizes practical language, clear performance metrics, and processes that support timely execution, while keeping compliance in sight and aligning with organizational policies.
Guidance on regulatory compliance and governance reviews helps businesses stay aligned with evolving requirements. We assess applicable laws, implement controls, and craft policies that facilitate ongoing oversight. A proactive stance means teams can adapt quickly to changes, document decisions, and maintain accountability. This approach supports sustainable operations, investor confidence, and a culture of responsible growth.
We are here to support Chicago Loop businesses through every stage of growth and change. Our team listens to your needs, provides clear options, and helps implement practical solutions that keep your operations compliant and efficient. From formation to governance and everyday contracts, we aim to reduce friction, improve outcomes, and foster a collaborative relationship built on trust, responsiveness, and hands on problem solving.
Choosing our firm means partnering with a team dedicated to clear communication, practical guidance, and measurable results. We tailor advice to your business, align with your strategy, and help you move forward with confidence. Our approach prioritizes timely delivery, transparent costs, and a focus on what matters most to your organization. By working closely with leadership and stakeholders, we support decisions that contribute to long term stability and growth.
We bring a broad perspective across industries, a collaborative style, and a track record of guiding businesses through complex transactions. Our focus is on building practical, scalable systems rather than overwhelming you with legal jargon. We aim to support leadership with clear timelines, consistent documentation, and decisions that align with financial goals, market dynamics, and corporate values. Our client relationships emphasize trust, responsiveness, and a shared commitment to your success.
In addition, our local presence in Illinois ensures familiarity with state specific requirements and Chicago area business norms. We support startups and established firms alike, adapting to evolving needs and providing ongoing guidance that protects interests while enabling growth. This combination of local insight and accessible service helps you manage complexity with confidence.
Our legal process is designed to be transparent, collaborative, and efficient. We start with a discovery session to understand your goals, followed by a scope and engagement plan. Next, we draft and review documents, coordinate internal approvals, and maintain open communication throughout. Finally, we support execution, monitor outcomes, and adjust strategies as needed. We emphasize practical outcomes, clear milestones, and a steady cadence that aligns with your business timeline and priorities.
Initial consultation and needs assessment establish the foundation for success. We listen to concerns, map objectives, and identify key stakeholders. Our team outlines a tailored plan, including scope, deliverables, and timelines, so everyone understands expectations. This step emphasizes alignment between business goals and legal strategy, ensuring that subsequent work is efficient, targeted, and actionable.
Asset and risk assessment examines current arrangements, contracts, and governance structures to spot gaps and opportunities. We review ownership, liability exposure, and regulatory considerations, then deliver a prioritized list of items to address, with responsibilities and deadlines. This analysis establishes a clear path for negotiation, drafting, and timely implementation nationwide.
Drafting and negotiation proceeds next, translating the assessment into concrete documents. We prepare or refine agreements, governance policies, and related disclosures, incorporating client feedback. Our focus is precision, clarity, and enforceability, while avoiding unnecessary complexity. We negotiate favorable terms where appropriate and collaborate with stakeholders to finalize documents that reflect business realities and legal obligations.
Review and approval aligns the project with governance norms and budget constraints. We circulate drafts for internal signoffs, track revisions, and ensure regulatory checks are completed. This step also covers contingency planning, ensuring ready alternatives if circumstances shift. By maintaining a clear approval trail and transparent communication, teams can move forward with confidence and accountability.
Implementation and governance setup includes creating organizational policies, board reporting templates, and compliance calendars. We help embed controls within daily operations, assign ownership for ongoing tasks, and establish review cycles. The goal is to create durable systems that can adapt as needs change while maintaining clear accountability over time consistently.
Policy updates, training, and audit readiness are addressed in this phase. We create practical employee guidance, implement monitoring tools, and prepare for external reviews. Our approach keeps teams informed, reduces surprises, and supports ongoing improvement. With a focus on measurable outcomes and documented commitments, executives can steer initiatives with confidence.
Execution, monitoring, and adaptation complete the process. We assist with signing, filing, and securing necessary approvals, while tracking milestones and outcomes. Ongoing governance reviews ensure adherence to commitments and prompt responses to any changes in the business or regulatory landscape. The result is a durable, transparent framework that supports continued growth, accountability, and resilience.
Final project review and knowledge transfer ensure your team can sustain results. We summarize actions taken, capture lessons learned, and provide access to essential documents. This step also includes transfer of governance responsibilities and setup notes for future updates, and ensures ongoing support channels exist for questions, guidance, and rapid response when issues arise.
Implementation of final agreements includes monitoring performance against targets, securing compliance confirmations, and scheduling post implementation reviews. We help you establish a routine for updating documents, re validating terms, and addressing emerging needs. This ensures the arrangement remains aligned with strategic priorities and regulatory requirements over time ahead of any changes.
At the Frankfort Law Group, we take great pride in our commitment to personal service. Clients come to us because they have problems, and they depend upon us to help them find solutions. We take these obligations seriously. When you meet with us, we know that you are only doing so because you need help. Since we started our firm in northeast Illinois, we have focused on providing each of our clients with personal attention. You do not have to be afraid to tell us your story. We are not here to judge you or make you feel ashamed for seeking help. Our only goal is to help you get results and move past your current legal problems.
At the Frankfort Law Group, we take great pride in our commitment to personal service. Clients come to us because they have problems, and they depend upon us to help them find solutions. We take these obligations seriously. When you meet with us, we know that you are only doing so because you need help. Since we started our firm in northeast Illinois, we have focused on providing each of our clients with personal attention. You do not have to be afraid to tell us your story. We are not here to judge you or make you feel ashamed for seeking help. Our only goal is to help you get results and move past your current legal problems.
We support startups, growth stage companies, family owned businesses, and established enterprises across a range of industries. Our team assists with entity selection, formation, governance, and contract development tailored to your needs. We emphasize practical steps, clear documentation, and responsive communication to help your leadership move forward confidently. Whether your focus is launching a new venture, scaling operations, or restructuring ownership, we provide guidance designed for Illinois markets and Chicago area dynamics.
Timelines vary with complexity, but we aim to establish clear milestones during the planning phase. A typical project may include discovery, document drafting, internal approvals, negotiations, and execution within weeks to a few months. We monitor progress, communicate regularly, and adjust as needed to keep momentum. Our goal is transparency and predictability, so leadership understands when decisions are required and how each step supports the overall business objectives.
We offer both ongoing counsel arrangements and project based engagements. Some clients prefer a retained relationship for routine matters, governance updates, and treaty negotiation support, while others hire us for specific deals or large transactions. In either case, our focus is on practical guidance, timely responses, and cost transparency. You receive a dedicated team that understands your business and can scale with your needs.
Pricing is discussed upfront and reflects the scope, complexity, and expected duration of the work. We offer a range of arrangements, including flat fees for defined tasks, monthly retainer options for ongoing counsel, and milestone based billing for larger transactions. The goal is predictable costs with clear deliverables, regular updates, and no unexpected charges. We welcome questions and will tailor a plan that aligns with your budget and needs.
Our approach centers on practical outcomes, consistent communication, and a deep understanding of Chicago area business realities. We combine broad experience with a collaborative style, working closely with clients to translate complex rules into actionable steps. You will find a transparent process, accessible counsel, and a focus on building durable systems that support growth, governance, and regulatory compliance.
Yes. We help design compliance programs, prepare for audits, and respond to inquiries from regulators. Our services cover policy development, training materials, and monitoring processes to keep your organization aligned with applicable rules. We also draft readiness checklists and provide guidance on remediation when issues arise. The aim is to minimize disruption while maintaining strong governance and reliable operations.
Indeed. We prepare board meeting packages, governance policies, and reporting templates that support clear oversight and responsible decision making. Our work focuses on practical, readable documents, defined authority, and transparent processes. By establishing reliable governance structures, you can respond quickly to opportunities and regulatory changes while maintaining accountability and alignment with strategic goals.
We assist with IP related contracts, licensing, and assignments as part of the broader corporate framework. Our aim is to protect valuable assets while enabling collaboration and commercialization. By documenting ownership, usage rights, and termination provisions in clear terms, you reduce disputes and facilitate licensing, partnerships, and product development.
Our practice covers a range of industries including technology, manufacturing, retail, professional services, and financial services. While sector specifics shape approach, the core principles of formation, governance, contract management, and compliance remain consistent. We tailor guidance to reflect regulatory nuances in Illinois and local market conditions, supporting growth across diverse environments.
To start, contact us to arrange a brief consultation where we discuss goals, timelines, and desired outcomes. We will propose a scope, outline deliverables, and provide a transparent fee structure. Once approved, we assign a dedicated team, begin discovery, and set up regular updates. We strive to make the process straightforward and productive from the first step.