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Category: Business/Commercial Law

Are Your Trade Secrets Really Safe? 4 Steps To Safeguard Your Competitive Edge

A trade secret is a piece of information which is confidential, can be legally protected, and gives your company a competitive edge.  Lots of the most famous examples involve recipes: the formula for Coca Cola, McDonald’s Big Mac “secret sauce”, …

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Independent Contractor or Employee: It’s Very Easy to Cross the Line

Many businesses prefer to hire independent contractors because there’s often less overhead and fewer expenses (i.e. taxes). However, classify an employee as an independent contractor and you’re in big trouble. Here’s how to legally differentiate between the two. Who Controls …

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Choice of Business Entities For Illinois Farmers & Agri-Businesses

I’m looking forward to speaking on Friday at the Women in Ag Conference in Rock Island, Illinois on choices of business entities.  The above presentation gives a nice overview of various choices in Illinois including sole proprietorships, partnerships (general and …

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