Employment Law In Chicago
The Windy City is known for its deep dish pizza, architecture, and, of course, some of the best companies in the U.S. Here in Chicago, we thrive on the fast-paced culture of business. As a business owner, you work hard to meet your business goals and run a successful company. At the same time, you appreciate the importance of hiring and retaining great employees and having a highly effective management team.
Bleakley Law LLC handles employment law for a variety of businesses and executives throughout Chicago, and we would love to work with you. Read here to find out more if you or your business is in need of help with employment law, executive compensation, or equity compensation, and contact Bleakley Law LLC today!
Employment law is a fairly broad area of law; it involves the employer-employee relationship and everything that comes along with it. Employment law includes everything from hiring practices, executive employment agreements, and employee benefits programs to wages, wrongful terminations, and workplace safety.
You deserve a corporate law firm that provides logical, practical solutions to meet your employment law needs. You can count on our business attorneys at Bleakley Law LLC. We will help you manage your human resources and employee relations and provide you with cost-effective strategies when employment matters arise. You don’t want a simple fix now that does not get to the root of the problem; your decisions today regarding human resources often have a lasting effect on the future of your business, for better or for worse. Let us work with you to meet your employment law needs in a way that will positively impact your company’s future.
Employment Law We Handle
You know your business will perform at its very best when your employees feel taken care of and valued. Here are the employment law services our corporate law firm offers:
- Employment Contracts
- Equity Compensation
- Executive Compensation
- Leaves of Absence
- Misappropriation of Trade Secrets
- Employment Disputes
- Breaches of Contracts
- Non-Competition Agreements
- Restrictive Covenants
- Wage Payment Laws
- The Worker Adjustment and Retraining Notification (WARN) Act
- Severance Agreements
- Separation Agreements
- Employee Discipline Issues
- Non-Discrimination Laws
- FMLA and ADA Issues
- Employee Handbooks and Policies
Having competitive executive compensation is key to recruiting, retaining, and incentivizing top talent for your business. Executive compensation focuses on rewarding performance. The better your company performs, the more the executive is rewarded. Conversely, if an executive does not produce results, a severance agreement can help smooth the transition to a new leader.
Executive compensation plans vary widely across companies and include both financial and non-financial components. Such plans typically include base salary, bonuses, long-term incentives, benefits, perquisites (or perks), and a severance agreement.
We will give you sound legal advice based on your business needs for your key talent.
How Bleakley Law LLC Can Help
Our corporate law firm understands the challenges— and opportunities — associated with executive compensation. We will work hand-in-hand with you as part of your team to both design and implement a compensation program that will work for you. This will help elevate your position in the market and attract talent to and retain talent for your company.
Our business attorneys have the training and qualifications necessary to properly analyze your executive compensation plan, identify current or future problems, and act accordingly. We handle compensation program design and negotiation (including 409A plans) and executive compensation for private companies, small local businesses, large corporations, and more. Contact us today if you need legal advice and counsel regarding executive compensation.
Equity compensation is when key employees acquire non-cash ownership interests in the company for which they work. Equity compensation is particularly popular among startup companies or for executives and other key employees.
Startup companies often lack the resources to offer competitive salaries and benefits. Because of this, equity compensation is an attractive choice to draw in high-quality employees. Many public companies and well-established private companies also offer equity compensation to executives and other key employees.Equity compensation is sometimes used as part of a sound business succession plan.
Equity compensation can take multiple forms, including options, restricted stock, and performance shares. Employees get to share in the company’s profits and increased value, which can then encourage a healthy retention rate among employees.
How Bleakley Law LLC Can Help
Having an attorney experienced in employment law will be vital to your success with equity compensation. Our business lawyers can ensure you meet all legal requirements while delivering an equity compensation plan your employees will truly appreciate.
When you compensate employees with equity, there are tax and employment laws to take into consideration. Our business lawyers will help you comply with the law while establishing your equity compensation plan.
The business attorneys at Bleakley Law LLC will work hard to ensure the best equity compensation plan for your specific business and may work with other trusted professionals in the area on behalf of your business. We will help you design and implement your company’s equity compensation plan.
We are a corporate law firm in Chicago that is dedicated to helping you find the best legal strategies for your business. We will work closely with you to handle employment law, executive compensation, and equity compensation matters so you can stay focused on your business.
Founder Elizabeth Bleakley has a background in both business ownership and business law — meaning she knows what life is like for you, the business owner. She has started several small businesses of her own, has worked with national financial services companies for more than 10 years, and has years of experienced as a business attorney.
Ms. Bleakley’s experience and professional relationships allow Bleakley Law to offer top-rated legal help for many employment law and corporate law issues. Contact our Chicago law firm today for help with corporate and transactional law; mergers and acquisitions; wills, trusts, and estates; private equity and venture capital; or securities law. As you venture forward with your business, Bleakley Law is here for you as an experienced resource and advocate.
Contact our corporate law firm in Chicago today to get started with employment law, executive compensation, equity compensation, or other legal concerns.