Month: December 2020
Lightfoot’s New Budget Includes Property Tax increase
The Chicago City Council voted to approve Mayor Lori Lightfoot’s $12.8 billion budget plan, including a $94 million property tax increase. The budget was passed on November 24th, which was followed by the property tax levy that then passed by a 28-22 vote. The property tax increase goes into effect in 2021 and includes an
Strategies to Combat Truck Driver Shortages
The freight industry has experienced a massive pendulum swing this year, beginning with an all-time high of 471,000 drivers in February 2020, to an eight-year low of 440,000 drivers by October 2020. The drop in the number of drivers is a product of the COVID-19 pandemic and its associated economic effects. Among these effects was
Momentum Grows For Change In Law Firm Ownership Rules
There is a growing list of states considering a change to their legal system rules that would allow non-lawyer entities to own law firms. New York, Illinois, Connecticut, Florida, and North Carolina are all exploring the possibility of making substantial ownership changes they hope could potentially make civil legal services more affordable to middle class