Theodore M. McGinn
In today's competitive business environment, knowledge of the law is absolutely critical. A business cannot make a sound decision without considering all of the significant legal ramifications. It is the attorney's role to provide management with knowledge of all relevant legal factors they will need to make the business decision that will maximize profitability. Only with all relevant information can management effectively weigh all of the risks and benefits for any course of conduct.

Education

 

  • J.D., Loyola University, School of Law, Chicago, Illinois 
  • B.B.A., University of Iowa, Iowa City, Iowa – Accounting

 

Certifications and Accreditations

 

  • Certified Public Accountant, State of Iowa

 

Bar Certifications



  • Admitted to the Bar of Illinois Supreme Court


Bar Association Memberships

 

  • Federal Bar
  • Illinois State Bar Association, Prior Chairman of the Practice and Procedure, Federal Tax Committee, and Asset Protection Committee
  • Chicago Bar Association

 

Publications in Preparation

 

  • McGinn, Ted (Chapter Author). “Legal and Ethical Aspects of Nursing” chapter in Kelly, P., Vottero, B. and Christie-McAuliffe, C. Introduction to Quality and Safety for Nurses, Second Edition: Core Competencies for Nursing Leadership and Management, Springer Publishing Company, New York, New York.

 

Media

Mr. McGinn is a regular contributor to our podcast series “Chicago’s Legal Latte” which can be found on BlogTalk Radio http://www.blogtalkradio.com/lavellelaw.

He has also contributed to the Lavelle Law Minute regarding the law, along with other members of his legal team. 

In 2017, he presented “You’ve Got a Great Idea for a New Business; Now What?” about the many legal issues regarding starting a business and addresses the top legal concerns people should consider when beginning the process. https://www.youtube.com/watch?v=5skOSKETUxk

In 2015, he presented “Anti-Kickback Statute for Home Health Operators” in which he explains the Anti-Kickback Statute and how Home Health Operators can protect their business with the Anti-Kickback Safe Harbor Operators. https://www.youtube.com/watch?v=UG0C8nZrC2o

Instructional Experience

Mr. McGinn was an Adjunct Professor at The John Marshall Law School, where he taught Civil and Criminal Tax Procedures. He was also an Adjunct Professor at Harper College, where he taught Legal Aspects of Starting a Business.


Mr. McGinn has delivered lectures including "The Legal Aspects of Starting a Business," "Estate Planning Strategies,"  "Medicare Regulatory Compliance," and "Health Information Portability and Accountability Act."

Community Involvement

Committed to supporting non-profit organizations, Mr. McGinn serves as Treasurer of Lavelle Law Charities, and since its beginning in 2004, participates in the annual Lavelle Law Charities Food Drive. Currently, Mr. McGinn serves as Immediate Past Chair of the Board of Directors of the Schaumburg Business Association and is a member of the Schaumburg Business Development Commission of the Village of Schaumburg. Additionally, Ted supports the Palatine Area Chamber of Commerce’s Young Entrepreneurs Academy (YEA!). He is a former member of the Board of Directors of Faith Community Homes, (Family Forward), the Board of Directors of the Palatine Township Senior Citizens Council, and the Planned Gift Committee of the Northwest Community Hospital Foundation. Mr. McGinn currently serves on the Harper College Legal Studies Advisory Committee.

Read My Posts

Lavelle Law News and Events

If you sold tickets for a profit, get ready to pay taxes.

From Showtime to Tax Time: How the New IRS Ruling Impacts Ticket Resellers

By Theodore M. McGinn and Nathan Toy • 26 Oct, 2023
This past summer has proved to be a banner year for live events such as the explosion of Taylor Swift’s “Era Tour” or Lionel Messi bringing his talents to the U.S. The average price for Taylor Swift tickets sold in the U.S. was over $1,000, the price of Inter Miami CF matches shot up to $250 apiece with the addition of Lionel Messi, and the average tickets for Beyonce and Harry Styles respectively clocked in around $400. These sky-high ticket prices led to huge markups in the secondary ticket market. However, if you sold tickets for a profit, get ready to pay taxes. A newly implemented law as part of the American Rescue Plan Act, will now require ticketing companies to report to the IRS if customers sold more than $600 in resale tickets in 2023, irrespective of the number of transactions.
Understand the importance of Employee Handbooks and take proactive steps to protect your business.

The Significance of Employee Handbooks & Navigating New Laws

By Lavelle Law • 18 Oct, 2023
Join us on November 8 for a Lavelle Law Breakfast Briefs presentation that will focus on the significance of Employee Handbooks, emphasizing their role in protecting employers, setting employee expectations, and outlining employee obligations. During this presentation, Lavelle Law attorneys will shed light on what an Employee Handbook should contain and how new Illinois laws expected in 2024 will impact existing Handbooks, urging attendees to take proactive measures to ensure compliance. This presentation will serve as an essential resource for businesses and HR professionals, underlining the importance of Employee Handbooks, guiding them on what these documents should contain, and alerting them to the imminent changes in employment law. By attending this event, employers can prepare themselves for the legal challenges of the future and maintain a compliant and harmonious workplace.
Taking the time to draft a shareholder agreement now can save you a lot later.

Shareholder Agreements and Why Your Business Needs One

By Theodore M. McGinn and Meghan R. Hartnett • 05 May, 2023
When people start a business their focus is on the here and now. If a task is not critical, it often gets overlooked or deferred. In this video podcast, Lavelle Law Managing Partner Ted McGinn and Associate Meghan Hartnett discuss the importance of creating a sound shareholder agreement right from the start. They'll discuss what should be included and how to make sure all parties are represented and protected.
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