A well structured business will have a compliance program in place, complete with company policies, safeguards, and reporting avenues. However, eventually, most businesses will face some form of compliance issue regardless of their efforts to prevent them. In that situation, how do you respond?

Before Anything Else, Don’t Panic

In the event that someone reports a compliance problem in your business, whether it’s a simple violation of company policy or a serious legal breach, it’s important to realize that no compliance plan is foolproof. Unfortunately, these kinds of events are normal, but lawmakers do realize as much.

Illinois workers’ compensation law prevents employees from suing their employers in the event of a workplace injury, including illnesses contracted on the job.

However, employees may be able to recover benefits if they become ill as a result of performing workplace duties.

Workers’ Compensation and Employer Liability

Hospital workers, including RNs, CNAs, and LPNs, face numerous challenges in their fast-paced line of work. These challenges often lead to injury, and it’s important for nurses to know that they are entitled to workers’ compensation if that happens.

Workers’ Compensation Laws for Hospital Workers

Illinois workers’ compensation laws cover the vast majority of employees in the state, including nurses. The law is a no-fault system, meaning you don’t have to prove fault in order to collect compensation for your injury.

Rideshare companies such as Uber and Lyft have become vastly popular throughout the nation, including in the state of Illinois. Along with that increased popularity is an increased incidence of accidents involving rideshare company drivers.

Given the parties involved in these accidents, it may be difficult to collect damages. Doing so depends on who is at fault and the role you played at the time.

Lawsuits Depend on Your Role

Two types of planning that business owners often overlook are estate planning and succession planning. While the two are often lumped together—and in some cases overlap—they are separate processes with their own goals.

Here, we’ll look at how estate and succession planning differ.

Estate Planning

When high-level personnel and executives leave your company, it leaves a gap that needs to be filled. To make sure your organization fills those gaps without disrupting your processes, you’ll need a succession plan.

What Is a Succession Plan?

A succession plan is a strategy for making sure key positions are filled when skilled, experienced, or otherwise crucial people leave your organization or otherwise leave positions vacant. It identifies ways to prepare people to fill the gaps left behind.

Succession planning is the process of passing on the leadership of a company to others. Often, it involves training employees internally or recruiting qualified individuals from outside the organization.

Definition of Succession Planning

No one is guaranteed to stay with any given company forever. A business’s current executive leaders and owners may retire, move on to other opportunities, or pass away, leaving a void that needs to be filled.

Illinois tax code is complex, and a lot of it is fairly punishing to local residents and businesses. In fact, one study rated Illinois the “least friendly” state in terms of taxes.

Navigating the maze of tax laws and regulations often requires expert guidance, especially when it comes to more complex tax situations. Here, we’ll look at some of the nuances of Illinois’s tax code.

Illinois Tax Nuances

Personal injury cases have a time limit in which you can file a claim. Once that time limit expires, you’re no longer able to file a lawsuit. The reason for this is to make sure lawsuits are handled in a timely manner before supporting evidence deteriorates, but it can mean the difference between receiving adequate compensation and not.

Two-Year Statute of Limitations

Most personal injury cases in the state have a two-year statute of limitations. That means you must pursue a lawsuit within two years of the incident that caused your injury.

Often, injuries result from a faulty product. A case involving this type of injury falls under product liability, in which either the manufacturer, the party who designed the product, or those in charge of marketing and labeling are held responsible for any damages that may result.

These types of claims are further divided into different categories depending on which party is responsible.

Main Types of Product Liability

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