Protecting your software and other intellectual property (IP) assets is very important in protecting your business. Consider implementing some important practices to increase your protections and controls. By considering these tips and including some of these provisions in your IP License Agreement (IP Licenses), you reduce the risk of your software or other IP being transferred w...
As 2018 is coming to an end, now’s the time for employers, business owners, and HR professionals to turn their attention to the new year. Here is a look at what you can expect in 2019.
Employee Reimbursement for Business Expenses
Effective January 1, 2019, amendments to the Illinois Wage Payment Collection Act (IWPCA) will require employers to reimburse their employees for ...
What is the New Law regarding the Illinois Wage Payment and Collection Act (“IWPCA”)?
On Aug. 26, 2018, Governor Rauner signed into law an amendment (Public Act 100-1094) to the Illinois Wage Payment and Collection Act (“IWPCA”), which will go into effect January 1, 2019, requiring employers to reimburse employees for costs that are incurred in direct relation to their work for the...
I JUST FORMED AN LLC, DO I REALLY NEED AN OPERATING AGREEMENT?
Starting a limited liability company (“LLC”) can be an exciting and challenging journey. There are a number of steps to take and documents to prepare. LLC’s can be formed with just one member (that’s what an owner of an LLC is called) or multiple owners. Unde...
CYBER SECURITY ATTACK PROTECTIONS AND STEPS FOR YOUR BUSINESS TO CONSIDER AND IMPLEMENT
Cyber security is a hot topic involved in all aspects of our lives, especially in our work and businesses. Everyone wants to remind you that your data is at risk and that more data breaches come from employee activity than any other area. From executives, chief officers, controllers...
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