Finding an agreed-upon methodology to calculate child support can become litigious when a supporting spouse’s income is variable. But basing support calculations on gross income and percentages of income is a good start. In his January 2019 Illinois Bar Journal article, “Taming the Guessing Game: Child Support and Variable Income,” Bryan D. Sullivan explores the benefits of using predetermined percentages of gross income for additional child-support orders under the income shares model and provides practical advice for legal practitioners when drafting such orders. Sullivan’s article also includes links to extensive tables that show how various child-support calculations discussed in his article play out.
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January 7, 2019 |
Practice News
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January 7, 2019 |
Member Services
Social media is a valuable tool that can drive traffic to a firm’s website. For solos and small firms, the goal of social media—and Facebook in particular—is lead generation and business development. To do this, attorneys need to build targeted relationships, create and share valuable content, and consistently add value.
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January 3, 2019 |
Practice News
Asked and Answered By John W. Olmstead, MBA, Ph.D, CMC Q. Our firm is a 17-attorney commercial litigation firm in Atlanta, Georgia. I am a member of our firm’s management committee that decides raises and bonuses for non-equity partners and associates. Currently our non-equity partners are paid a salary and a discretionary bonus. We would like to stay with this approach; however, we have had complaints that our system is totally arbitrary. We would like to be able to provide more transparency— a general list of the items that we consider when making our decisions on salary and bonuses. Your thoughts would be appreciated.
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January 3, 2019 |
CLE
Whether it’s a copyright, patent, or trademark, intellectual property is an important component to a business’s overall value. Learn how to define and understand these types of assets, as well as how to compute a valuation for them, with this intermediate-level online seminar on Feb. 7. A discussion on how to set up the transfer of these assets during a succession plan is also included.
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January 2, 2019 |
Practice News
The Property Tax Appeal Board has withdrawn a proposed rule that would have prohibited lawyer-legislators from practicing before the board. At its Nov. 13, 2018 meeting, the Joint Committee on Administrative Rules voted to object to the rulemaking and prohibit its filing with the Secretary of State. The committee's reasoning is that since the Property Tax Appeal Board has no statutory authority to take the action embodied in this rulemaking, such rulemaking represents a threat to the public interest.1 comment (Most recent January 5, 2019)
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January 2, 2019 |
Practice News
Ruth Schneider, an attorney with RCJ Law, LLC, discusses three low-cost steps attorneys should take to protect client data. Tips include using long, unique passwords for accounts, utilizing two-factor authentication, and sending important documents securely.
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January 2, 2019 |
Practice News
The Illinois Supreme Court handed down four opinions on Friday, Dec. 28. In Sienna Court Condominium Ass'n v. Champion Aluminum Corp., the court addressed the question of whether a purchaser of a newly constructed home could assert a claim for breach of an implied warranty of habitability against a subcontractor that had no contractual relationship with the purchaser. In Stanphill v. Ortberg, the court reviewed a jury verdict hinging on the foreseeability of a depressed person’s suicide. The court considered whether five monetary charges were fines or fees in People v. Clark and determined there was no probable cause to execute a search warrant in People v. Manzo.
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January 2, 2019 |
Member Services
What better way to start the New Year than by evaluating the way you communicate with clients? A recent American Bar Association study reported that 17 percent of all malpractice claims are the result of a poor attorney-client relationship, and nearly 75 percent of all grievances filed against lawyers are the result of poor communication.
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January 2, 2019 |
ISBA News
In the spring, members of the ISBA will elect a third vice president, 11 seats on the Board of Governors, 45 seats on the Assembly in Cook County, and 88 seats on the Assembly outside Cook County. One board seat is open in each of the following Areas: Area 2 (Circuits 17, 19 and 22), Area 4 (circuits 10, 14, and 15), Area 5 (Circuits 5, 6 and 11), Area 7 (Circuits 1, 2 and 4), Under Age 37 in Cook County, and Under Age 37 outside Cook County. Additionally, five seats are open in Cook County.
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December 20, 2018
The Fellows of the Illinois Bar Foundation honored Ruth Ann Schmitt and Hon. Dennis J. Burke (Ret.) with the Distinguished Service to Law and Society Awards, and Richard R. Winter with the Honorary Fellow Award on Dec. 7 at the University Club of Chicago.