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Providing a loan is never without risk, which is why promissory notes are so important for lenders. Though promissory notes are not as formal as official loan contracts, they should clarify the terms of the loan and the applicable consequences in the event of delayed payment or failure to pay. They are also legally binding [...]

Commercial real estate transactions are often complicated and can involve many moving parts, which makes commission disputes a challenge. Even when a listing agreement is written out in detail, legal disputes can arise during or after the sale of a property. The confusion around procuring cause is a common source of disputes in real estate [...]

On May 26 th, 2016, the Seventh Circuit of the U.S. Court of Appeals in Chicago made an important decision regarding the arbitration agreements many companies require employees to sign. The case involved Epic Systems, a Wisconsin company whose arbitration agreement prohibited employees from joining class action lawsuits against the company or going to court [...]

A recent study conducted by BTI Consulting Group revealed that rates for top-earning attorneys have reached an all-time high of $2,000 per hour. As jaw-dropping as that number may be, almost equally astounding was the study’s finding that the average hourly rate companies paid for outside counsel was $982 per hour. That’s great news for [...]