Litigation has always been king in Illinois, especially in and around Chicago, where there never seems to be a lazy day in the Cook County courthouses. Please note that these popular practice areas depend on numerous variables such as the local economy, new law, and level of enforcement and are always subject to change. 1. Litigation: Litigation has always been king in Illinois, especially in and around Chicago, where there never seems to be a lazy day in the Cook County courthouses. Illinois litigation law is dynamic and ranges from hostile takeovers to class actions to derivatives lawsuits. In addition, many Illinois litigation firms focus on representing company underwriters and auditors. 2. Corporate: Illinois corporate law revolves around mergers and acquisitions, private equity, and venture capital. Be prepared to deal with finance issues such as lending and banking which have been integrated into this popular area of law. 3. Employment: Anchored by the Windy City's ever-changing economy, Illinois employment law has never been stronger. As of late there has been a spike in employment law when it comes to discrimination lawsuits of any type as well as sexual harassment actions. 4. Finance: With the Magnificent Mile around the corner, there is much work to be done in this hot legal field. Illinois finance law tends to include bankruptcy, real estate, creditors' rights, and general litigation. Related Article The Top 10 Texas Legal Practice Areas Don't mess with Texas...enter one of the Lone Star State's top 10 legal practice areas! A trip to the Alamo alone should be enough. .... The Top 10 Florida Legal Practice Areas Go ahead and wish upon a star...enter one of the Sunshine State's top 10 legal practice areas! A day at Disney World alone should be enough. .... The Top 10 Pennsylvania Legal Practice Areas Declare your independence…pursue employment in one of the Keystone State's top 10 legal practice areas! A visit to the Liberty Bell alone should be enough. .... 5. Tax: Ever since tax evasion brought down Capone, this practice area has been trendy in Illinois. Nowadays, tax law in Illinois is focused on the corporate and finance practice areas noted above. As a result, be on the lookout for firms and businesses with direct links to those areas. 6. Real Estate: Construction law, probate issues, and estate law are three up-and-coming real estate areas in the Land of Lincoln. With an abundance of office space, leasing, title, and escrow questions have also picked up as of late in and around Chicago. 7. Securities: Chicago's Mercantile Exchange serves as the engine that drives Illinois securities, a fashionable legal sector. Naturally, there will be overlap into stocks and bonds as well. Most Illinois firms focus on the tax ramifications. 8. Commodities: As with securities, Illinois commodity law is propelled by the Chicago Mercantile Exchange. The seven main commodities traded are agriculture, livestock and meat, energy, precious metals, industrial metals, rare metals, and minerals. 9. Intellectual Property: Intellectual property in the Prairie State has been dominated recently by copyright and trademark firms. An influx of cyberspace firms have also made their presence felt. These Internet-related law firms usually offer a good degree of cross-over into the ever-evolving advertising, licensing, and trade secrets niches. 10. Bankruptcy: With countless businesses headquartered in Illinois, there is never a shortage of work in this dynamic area of law. Repossessions, foreclosures, and garnishments have emerged as the leading bankruptcy subcategories in Illinois.

Share    Tweet

Rate This Article 1 2 3 4 5 6 7 8 9 10 Select    View top rated articles

Printable Version    PDF Version    Email to a Friend    Post A Comment    View Comment    Discuss

Popular Tags

local economy  CME  Chicago  banking  ranges  Illinois  Wrigley Field  lawsuits  corporate law  mergers

Featured Testimonials

There is a variety of job postings on the site. Tracy

Facts

LawCrossing Fact #99: Why limit yourself by scouring individual websites? See all the avenues you can travel in one place!

"We want to hear your thoughts. Please comment on this article (below)!" Comments

Article ID: 4078     Article Title: The Top 10 Illinois Legal Practice Areas Comment not found for this article. Comment

Facebook comments: