Gould + Ratner
Ten Mistakes Buyers Make When Negotiating Letters of Intent in Commercial Real Estate Transactions in Illinois
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Ten Mistakes Buyers Make When Negotiating Letters of Intent in Commercial Real Estate Transactions in Illinois

Strong LOIs create faster transactions and, even if an attorney is involved, are considerably less expensive than salvaging a weak LOI or proceeding directly to a purchase agreement.
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The 2026 ALTA/NSPS Land Title Survey Standards: What Do Commercial Real Estate Professionals Need to Know?
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The 2026 ALTA/NSPS Land Title Survey Standards: What Do Commercial Real Estate Professionals Need to Know?

The 2026 ALTA/NSPS Land Title Survey standards took effect on February 23, 2026. The new standards give real estate owners, developers, and lenders opportunities to leverage 2026 ALTA surveys as a more effective risk-management tool.
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2026 Construction Forecast: The Only Thing Certain is Uncertainty
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2026 Construction Forecast: The Only Thing Certain is Uncertainty

As 2026 dawns, it is natural to consider the outlook for construction in the coming year.
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Publications

News
Events
The Chicago City Council last week passed an ordinance providing more rights to employees who take time off from work to obtain the COVID-19 vaccine.
Hannah Batsche
Associate
Due to reduced production during the COVID-19 pandemic, increased housing demand and climate events such as the Texas freeze and subsequent utility crisis, construction material costs have increased dramatically over the past year.
Richard Reizen
Partner
Chair, Construction Practice
On Wednesday, President Biden detailed a plan that will allow small businesses to claim tax credits for giving paid time off to employees to get and recover from the COVID-19 vaccine.
Hannah Batsche
Associate
Last month, Illinois Gov. J.B. Pritzker signed SB 1480, which amended the Illinois Human Rights Act, the Illinois Equal Pay Act and the Business Corporation Act.
Hannah Batsche
Associate
This week, the IRS issued guidance for employers claiming the employee retention tax credit for the first two quarters of 2021.
Earlier this week, Illinois Gov. J.B. Pritzker signed into law SB1480, which amended the Illinois Human Rights Act (the Act) in a way that will significantly affect how employers deal with employee conviction records.
Hannah Batsche
Associate
Earlier this month, President Biden signed into law the American Rescue Plan Act of 2021 (ARPA).
Mark Brookstein
Partner
For a variety of reasons, the solar industry has experienced, and will continue to experience, record growth.
Richard Reizen
Partner
Chair, Construction Practice
Eligible borrower application deadline is May 31, 2021.
The IRS announced late last week that the due date for filing 2020 federal individual income tax returns and making 2020 federal individual income tax payments is automatically postponed from April 15, 2021, to May 17, 2021.