Two Great ISBA Member Benefits Sponsored by
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Debts, Secret Tax Liens, and Other Estate Traps

Posted on October 15, 2018 by Rhys Saunders

In October’s Illinois Bar Journal, Derek M. Johnson discusses the challenges a decedent’s estate may face if it owes federal income taxes, which may take priority over other claims and expenses, especially when the estate is insolvent. Understanding how and when to pay an estate’s taxes in relation to its other obligations is critical, Johnson advises. In his article, “Debts, Secret Tax Liens, and Other Estate Traps,” Johnson considers options and preventive measures when determining whether taxes are owed by decedents and their estates in probate.

Join ISBA Presidents on a Trip to Italy

Posted on October 15, 2018 by Rhys Saunders

Due to the popularity of the upcoming 2019 ISBA President’s Trip to Italy, additional accommodations are now available.

Join ISBA presidents David B. Sosin (2019-2020) and James F. McCluskey (2018-2019) on a spectacular trip from Milan to Como on September 12-21, 2019. Highlights include a private tour of Leonardo da Vinci’s Last Supper, a trip through Milan by tram, a ferry through Lake Maggiore and the Borromean Islands, a private tour of Orta San Giuliano, and a private tour from Como, Italy to Lugano, Switzerland.

CLE: Cross-Border Litigation – Essential Considerations for U.S. Lawyers

Posted on October 12, 2018 by Rhys Saunders

The U.S. and Canada have the largest trading relationship of any two nations on earth. This leads to a concomitant amount of disputes, litigation, and arbitration. Don’t miss this program on Oct. 26 in Chicago or via live webcast that offers both the Canadian and American perspectives regarding some of the most pervasive issues that arise during legal disputes that cross the border.

2018 Fifth District Candidates Forum

Posted on October 11, 2018 by Rhys Saunders

The 2018 Fifth District Candidates Forum will be held from 5:30 – 7:30 p.m. Monday, Oct. 22, at the Hilton Collinsville/St. Louis in Collinsville.

The forum is cosponsored by the Illinois Association of Defense Trial Counsel, Illinois State Bar Association, Madison county Bar Association, and the St. Clair Bar Association.

Presidents of Illinois' Law School Student Bar Associations Sign Mental Health Pledge

Posted on October 10, 2018 by Rhys Saunders

The nine presidents of Illinois’ law school student bar associations today signed a pledge to improve the wellbeing and mental health of their campuses.

The pledge coincides with the American Bar Association’s National Law School Mental Health Day as well as World Mental Health Day.

Best Practice Tips: Law Firm Merger as an Exit Strategy for Sole Owners

Posted on October 10, 2018 by Rhys Saunders

Asked and Answered 

By John W. Olmstead, MBA, Ph.D, CMC

Q. I am the owner of a small general practice firm in Novato, Calif. I have three associates working in the firm, three legal assistants, and one office manager/bookkeeper. I started my practice 35 years ago right out of law school. I am 60 years old and wanting to retire within the next five years. None of my associates have the ability or the desire to take over the firm. I believe that my best option is to sell my practice to another practitioner or join another firm through a merger or other arrangement. I would appreciate your ideas regarding merging with another firm and how I would be compensated and receive payment for the goodwill value of my firm.

Get Answers to Your Legal Questions with Practice HQ

Posted on October 10, 2018 by Rhys Saunders

ISBA members can now schedule a one-on-one, remote consultation or send questions via email to legal experts through Practice HQ, our one-stop microsite for practice management and technology information.

Formed in partnership with Affinity Consulting, Practice HQ now includes two easy ways to get legal technology and law practice management questions answered for no cost by an Affinity expert.

PILI to Fund $309,000 in Public Interest Law Student Internship Grants in 2019

Posted on October 9, 2018 by Rhys Saunders

PILI will grant $309,000 to fund 60 law student interns at 28 public interest law organizations across Illinois during the 2018-19 academic year and the summer of 2019.

PILI’s Law Student Internship Program connects law students from across the country with public interest law agencies in Illinois and pays them for their work.

CLE: Real Estate Law Update – 2018

Posted on October 9, 2018 by Rhys Saunders

Join us Oct. 24 in Bloomington for a full-day seminar focusing on a number of key real estate issues and recent case law updates and legislative changes that affect your client. Every commercial and residential real estate lawyer and general practitioner who attends this seminar will better understand: how to enforce judgments against Illinois real estate; how pending bankruptcies affect evictions, mortgage foreclosures, installment contracts, and mechanics liens; how to use five-day and 10-day notices of default on leases and mortgage loan default letters; why having a diverse and inclusive real estate practice is important; IDFPR regulatory and enforcement activities; and the newly proposed IDFPR DS-1 Disclosure for Producers of Title Insurance Business Form.

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