Legal N Illinois
Effectively using letters of intent in real estate negotiations

Effectively using letters of intent in real estate negotiations

Before agreeing to a real estate sales contract or lease, the parties may prepare a letter of intent, term sheet or other form of preliminary agreement (together, called here an “LOI”). Generally, an LOI may be signed or at least initialed and reflects that the parties have agreed on certain important terms of a deal, though not on all of its provisions or details.

Legal N Illinois
Daniel Hemmer;Bridge Development Partners

Bridge Development Partners hires first-ever general counsel

Bridge Development Partners has hired Daniel Hemmer as its first general counsel. Based in Bridge’s Chicago headquarters, Hemmer will oversee all of the firm’s legal functions, including real estate transactions, corporate and litigation. He will also be responsible for managing the company’s relationships with outside counsel and assuring every area of its business is in compliance with law.

Legal i Ohio
Mary Forbes Lovett;Ulmer & Berne

Forbes Lovett elected to Ulmer & Berne's management committee

Mary Forbes Lovett, partner and chair of the Real Estate Practice Group at Cleveland-based law firm Ulmer & Berne, has been elected to the firm’s Management Committee. Lovett is one of two women serving on this seven-member committee, which is responsible for guiding the operations and strategic direction of the firm.

Legal O Indiana
Taft Center opens in Indianapolis

Taft Center opens in Indianapolis

Taft Stettinius & Hollister LLP recently celebrated the completion and the grand-opening of the Indianapolis Taft Center, a 5,000-square-foot conference and event center the law firm built in the first floor lobby of the Regions Tower.

Legal Midwest

Husch Blackwell launches construction academy

Husch Blackwell has launched a comprehensive, industry-based knowledge center, Construction Academy, that seeks to foster learning, create interactions and build value for its participants. The industry-focused law firm is responsible for the programming and administration of the academy, which aims to include diverse voices and stakeholders including business leaders from the construction, design, engineering, development and project funding fields, as well as trade associations, universities, and policymakers.

Legal N Illinois
The Chicago offices for a law firm that was designed by Nelson and built by Skender.

Five must-dos when designing a law firm workplace

Law firms are placing ever-increasing importance on thoughtful workplace design to attract and retain top talent, making every office build-out or renovation a critical opportunity to win the talent war. With millennials expected to comprise 75 percent of the workforce by 2030, law firm design trends are being driven by an evolving culture that prioritizes individual workplace experiences, health and well-being and ubiquitous technology.