REFLECTING ON KEY INSIGHTS AND MILESTONES: A YEAR OF IMPACTFUL THOUGHT LEADERSHIP
B urke Warren is committed to keeping our clients informed about changing laws, emerging trends, and industry developments. By providing timely updates and educated insights, we offer a valuable resource that allows clients to stay ahead of legal and business shifts. Our proactive guidance is aimed at ensuring that firm clients and contacts are well-equipped to navigate evolving challenges, make informed decisions, and thrive in an ever-changing environment.
Burke Warren’s multi-disciplinary CTA Compliance Team has carefully tracked many updates throughout the lifecycle of the Act that are available in our CTA Resource Center . The team is ready to help clients understand the requirements of the CTA and maintain compliance with its directives including reporting obligations, CTA deadlines, and reporting information. Labor and Employment Practice Group The year 2024 brought significant shifts in the employment law landscape, impacting how organizations navigate the complex web of regulations governing workplaces. The U.S. Supreme Court issued several consequential decisions over the past year, and these and other rulings may have major impacts on employers, continuing to alter many established labor and employment laws and workplace practices. As 2025 begins, it’s crucial for employers to be well- versed in employment law changes to ensure compliance and mitigate legal risks. Burke Warren’s Labor and Employment Practice Group continues to be at the forefront of breaking legal news and analysis when new legislation affecting employers is announced, as we continue to work with clients and their workforces concerning their employment issues.
Commercial Real Estate Toolkit In our multi-part Commercial Real Estate Toolkit series, experienced Real Estate Practice Group Partner Brad Ader guides readers through the various aspects of the commercial real estate purchase and sale transaction. These articles are designed to assist purchasers and sellers in better understanding the key considerations in commercial real estate purchase and sale transactions in Illinois and beyond.
Corporate Transparency Act Resource Center
The Corporate Transparency Act (“CTA”) became effective January 1, 2024. The CTA is an attempt by the U.S. Congress to bolster national security and combat money laundering and other illicit activities. The Act requires most private businesses to report company ownership information to the Financial Crimes Enforcement Network (“FinCEN”). The CTA is estimated to affect over 32 million existing businesses and millions of additional businesses formed each year. If an entity is formed by filing documentation with an applicable Secretary of State, whether it be a corporation or a limited liability company, then the company likely must comply with the CTA.
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