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Law Firms & Lawyers

07.10.25

The Future of Law: AI, Transformation and Opportunity
Jeffrey A. Hild

The legal industry has been undergoing a profound transformation over the past five years, driven by the integration of artificial intelligence (AI), evolving business models, shifting client expectations and market disruption. This change is not just about adopting new tools—it is about rethinking how legal work is done and delivered. AI as a Legal Game-Changer […]

02.21.25

The State of the Legal Industry: Law Firms See Record-Breaking Performance and Changing Models

The 2025 Report on the State of the U.S. Legal Market from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the Thomson Reuters Institute is packed with good news for law firms. It also highlights recent and upcoming shifts in the industry that law firms cannot afford to ignore. […]

01.06.25

ERC Update: How Should You Proceed?
Michael A. Loesevitz

The IRS’s employee retention credit (ERC), created during the COVID-19 pandemic, seemed to offer a lucrative opportunity for many employers. That is certainly the impression that the many promoters that sprung up in response presented. But the IRS has discovered that a large percentage of the claims are invalid. Here is what you need to […]

11.21.24

How Law Firms are Making Hybrid Work Environments Work

The COVID-19 pandemic broke the barrier to remote work for many lawyers and staff. While some firms have returned to the office, many others have continued to work remotely in some form. This blog shares some best practices to make or keep a hybrid work environment successful. Working Advantages Most law firms that allow a […]

08.22.24

Are Your Partners up to Par? What to do About Underperforming Colleagues
Justin L. Sylvan

How do you know when it is time to let a partner go? It is common for partners to have some years that are more productive than others, and it is never easy to ask a colleague to leave. Here are some areas to consider when deciding if it is time to take action. Defining […]

04.02.24

It is Time to Get Serious About Digital Marketing
Jeffrey A. Hild

For many law firms, digital marketing still remains an afterthought. However, simply having a stagnant website, an occasional blog and limited social media presence will not cut it, regardless of your firm’s size or specialty. The competition for legal services is simply too fierce. If your firm is looking to develop or revamp its digital […]

01.04.24

Tax Considerations for Office Leases
Joshua Goldschmidt

With the changing work environment in recent years, many businesses are reconsidering their office spaces and current leases. This could include renegotiating leases, reducing or increasing space, or leasing a new space. While there are many things to consider before signing or modifying a lease for office space, one of the areas that should not […]

10.19.23

Law Firms Face Potential Red Flags as Uncertainties Continue

While the U.S. economy is showing signs of recovery, or at least a “soft landing,” the outlook for the legal market remains mixed in 2023. That is according to the “2023 Report on the State of Legal Market” from the Center on Ethics and the Legal Profession at Georgetown University Law Center and the Thomson […]

08.10.23

What You Need to Know About Texting Clients

Text messaging—whether via SMS, iMessage or another format—has become ubiquitous in our personal and work worlds. Texting is fast, easy for mostly everyone and can be a positive for both the phone-phobic and those simply in a hurry. Law firm clients already communicate with a variety of service providers by text, and they may expect […]

05.23.23

It is Time to Review Your Client Trust Account Practices
Justin L. Sylvan

Handling client money happens daily in every law firm. State ethics rules require most attorneys to use trust funds to segregate client funds from firm funds. Maintaining these client trust accounts (CTAs) while meeting your state’s ethics rules can be onerous, but following the rules is better than sanctions or potential disbarment. CTA rules vary […]

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Firm News

08.11.25

ORBA Ranked as a 2025 Top 200 Firm by INSIDE Public Accounting
CHICAGO — ORBA, one of Chicago’s largest public accounting firms, has once again been recognized as a 2025 IPA Top 200 Firm by INSIDE Public Accounting (IPA). This marks the eleventh time since 2013 that ORBA has made the list of the country’s top firms. In the IPA’s annual report, ORBA is ranked #113, climbing five spots higher than last year, and is the highest ranked of the six Illinois firms on the Top 200 list.

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Guides

ORBA will gladly provide you with hard copies of the useful guides listed below. Select which guides you would like to receive and submit the form below.

  • Tax Pocket Guide
  • Tax Planning Guide
  • Records Retention Schedule
  • Auto, Travel & Business Log

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