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Marc Jay Lane

Marc Jay Lane

Practice areas:

Corporate & Incorporation, Tax, Business, Estate Planning

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About Me

The Law Offices of Marc J. Lane and its financial services affiliates offer successful people a strategic, multidisciplinary approach to tax, investment, corporate, estate and insurance planning.


 


Marc J. Lane, a nationally recognized business and tax attorney, Master Registered Financial Planner, Registered Financial Counselor and Certified Investment Specialist, is the author of 34 books and Founder of Marc J. Lane Wealth Group (www.MarcJLane.com).


 


He is an expert on entrepreneurship and entrepreneurial finance, and an influential advocate of best corporate governance practices. Twice a recipient of the Illinois State Bar Association's Lincoln Award, Marc, a “Leading Illinois Attorney” and “Illinois Super Lawyer,” has consistently earned an "AV® Preeminent™" rating in the Martindale-Hubbell Legal Directory, the highest ranking awarded. Martindale-Hubbell also includes him in its Bar Registry of Preeminent Attorneys. By appointment of Gov. Pat Quinn, he is Chairman of the State ofIllinois’ Task Force on Social Innovation, Entrepreneurship, and Enterprise, as well as Commissioner of the Serve Illinois Commission.


 


Marc is an innovator in helping social enterprises and social entrepreneurs leverage capital to maximize financial results while driving positive social change, and teaches Social Enterprise at Northwestern University School of Law. Marc is the pioneer behind the Advocacy Investing® approach to socially responsible and mission-related investing (www.AdvocacyInvesting.com).


 


Marc has drafted and successfully championed Low-profit Limited Liability Company (L3C) laws throughout the nation, authorizing the new hybrid business form which can leverage foundations' program-related investments to access trillions of dollars of market-driven capital for ventures with modest financial prospects, but the possibility of major social impact. Marc has served as a Director of Social Enterprise Alliance (SEA) and spearheaded the launch of its Chicagochapter, which he continues to serve as President and a Director. He has also chaired SEA’s affiliate, The Center for Social Enterprise Accreditation.

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Practice Areas

Licensed since 1971

  1. Estate Planning: 20%
  2. Business: 20%
  3. Tax: 20%
  4. Corporate & Incorporation: 20%

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Contact Info

The Law Offices of Marc J. Lane, A Professional Corporation

180 North La Salle Street
Suite 2100
Chicago, IL, 60601-2701

Resume

License

StateStatusAcquiredUpdated
NYCurrently registered 200603/13/2015
ILActive And Authorized To Practice Law197108/17/2015

Professional Misconduct

We have not found any instances of professional misconduct for this lawyer.

Avvo Contributions

Legal Answers

Awards

Award NameGrantorDate Granted
Illinois Super LawyerSuper Lawyers2015
Illinois Super LawyerSuper Lawyers2014
Illinois Super LawyerSuper Lawyers2013
Illinois Super LawyerSuper Lawyers2012
AV Preeminent AttorneyMartindale-Hubbell2012
Illinois Super LawyerSuper Lawyers2012
AV Preeminent AttorneyMartindale-Hubbell2011
Illinois Super LawyerSuper Lawyers2011
Illinois Super LawyerSuper Lawyers2010
Illinois Super LawyerSuper Lawyers2008
Illinois Super LawyerLaw and Politics2007
Illinois Super LawyerLaw and Politics2006
Illinois Super LawyerLaw and Politics2005
Subject of biographical recordDirectory of American Scholars2000
Nominated as one of the "Best Financial Advisers" Worth Magazine1999
Award for "contributing immeasurably The University of Illinois Center for Urban Business1997
Certificate in Appreciation for ServiceIllinois State Bar Association1997
Recognition as a "Business Leader" Small Business Survival Committee1996
Certificate of Congressional RecognitionUnited States Congress1996
Appreciation for Distinguished MembershipInternational Association for Financial Planning1996
Recognition and Appreciation of Outstanding ServiceIllinois State Bar Association1996
Certificate of Special Congressional RecognitionUnited States Congress1995
Certificate of Recognition for Outstanding ContributionsPresident William J. Clinton1995
Inclusion in its Experience Registry since 1993National Academy of Elder Law Attorneys, Inc1993
"Crystal Globe" AwardTax Executives Institute1992
Distinguished Service AwardGrant A Wish, Inc1990
Lincoln AwardIllinois State Bar Association1977
Certificate of RecognitionChicago Dental Society1977
Lincoln AwardIllinois State Bar Association1973
Subject of biographical record in Contemporary Authors.Gale Research, IncN/A
Leading Illinois AttorneyAmerican Research CorporationN/A
Preeminent AttorneyMartindale-Hubbell, IncN/A
"AV" (highest) ratingMartindale-Hubbell, IncN/A
Subject of biographical record.N/AN/A
Certificate of Merit for Distinguished Service to the CommunityDictionary of International BiographyN/A

Work Experience

TitleCompany NameDuration
OwnerMarc J. Lane Investment Management, Inc2002 - Present
Adjunct ProfessorNorthwestern University School of Law2000 - Present
Adjunct ProfessorThe University of Illinois at Chicago1996 - Present
OwnerMarc J. Lane & Company1985 - Present
OwnerMarc J. Lane Risk Management, Inc. (formerly,Longmeadow Insurance Services, Inc)1984 - Present
OwnerThe Law Offices of Marc J. Lane1971 - Present

Associations

Association NamePosition NameDuration
Chicago Lawyers Committee for Civil RightsDirector2012 - Present
Serve Illinois CommissionCommissioner2012 - Present
Johns Hopkins University Institute for Policy StudiesMember, Advisory Panel, New Frontiers of Philanthropy Project2011 - Present
International Association of Professional Nonprofit DirectorsMember2011 - Present
Round Table GroupMember2011 - Present
Social Enterprise AllianceChair, Governance Committee2011 - 2011
The Center for Social Enterprise AccreditationPresident2011 - Present
State of Illinois’ Task Force on Social Innovation, Entrepreneurship, and EnterpriseChairman2011 - Present
The Center for Social Enterprise AccreditationChair2010 - 2011
Social Enterprise AllianceMarketing and Branding Task Force Member2010 - 2011
L3C Hybrid Working GroupN/A2010 - Present
Social Enterprise AllianceDefinition and Certification Task Force Member2010 - 2011
Social Enterprise AllianceDirector, Policy Committee Member, Governance Committee Member2009 - 2011
Social Enterprise Alliance, Chicago ChapterDirector and President2009 - Present
The Irving B. Harris Graduate School for Public Policy Studies, The University of ChicagoMentor, The Center for Policy Practice2009 - Present
Harry Walker AgencyPublic Speaker2006 - Present
State of New YorkAdmitted to the practice of law2006 - Present
Downtown Chicago Shareholder Activism Meet up GroupMember2005 - Present
Illinois Institute for Continuing Legal EducationMentor2004 - Present
The Chicago Council on Foreign RelationsMember2004 - Present
The Standard Club of ChicagoMember, Business Strategy Committee2004 - Present
Citizen WorksMember, Corporate Reform Commission2003 - Present
Philanthropic Advisors NetworkCouncil on Foundations2003 - Present
Social Investment ForumMember2002 - Present
The Standard Club of ChicagoMember2002 - Present
Donors Forum of ChicagoAssociate Member2001 - Present
Crain's Chicago BusinessColumnist, "Marc J. Lane"2001 - 2003
Northwestern University School of LawJudge, 39th Annual Julius H. Miner Moot Court Competition2001 - 2001
National Association of Securities Dealers, IncChairperson, Board of Arbitrators2001 - Present
ChicagoBusiness.comColumnist, "Lane on Law"2000 - 2001
National Foundation for Teaching EntrepreneurshipMember, Advisory Board, Chicago Chapter2000 - Present
Crain's Chicago BusinessColumnist, "Talking Entrepreneurship"2000 - Present
Chicagoland Chamber of CommerceMember, Small Business Council Advisory Board1998 - 2000
National Association of Securities DealersRegistered Options Principal1997 - Present
Roads Without RampsDirector1997 - Present
Chicago Symphony OrchestraGoverning Member1997 - Present
National Association of Securities Dealers, IncBoard of Arbitrators1996 - Present
American Bar AssociationVolunteer Legal Expert, Central and East European Law Initiative1996 - Present
AARP Legal Services NetworkParticipating Attorney1996 - Present
National Association of Securities DealersGeneral Securities Principal1996 - Present
Illinois State Bar AssociationChair1995 - 1996
Illinois State Bar AssociationMember1995 - 1996
White House Conference on Small BusinessCongressionally Appointed Delegate1995 - 1995
United States CongressN/A1995 - 1997
American Bar AssociationSection of Taxation1994 - 1996
Illinois Chapter of the National Academy of Elder Law AttorneysDirector1994 - 1996
Illinois Chapter of the National Academy of Elder Law AttorneysPresident1994 - 1995
American Bar AssociationChair, Continuing Legal Education Subcommittee1994 - 1996
American Bar AssociationContinuing Legal Education Subcommittee1994 - 1996
Illinois State Bar AssociationChair1994 - 1995
American Bar AssociationClosely-Held Businesses Committee1994 - 1996
Illinois State Bar AssociationVice Chair1993 - 1994
The International Association of Registered Financial Planners, Inc.Certified Investment Specialist1993 - Present
Illinois Chapter of the National Academy of Elder Law Attorneys in FormationChairman, Steering Committee1993 - 1994
American Bar AssociationLiaison to the Committee on Attorneys in Small Law Firms1993 - 1994
Illinois State Bar AssociationMember1993 - 1994
American Bar AssociationSection of Taxation1993 - 1994
American Bar AssociationVice Chair, Closely-Held Businesses Committee1993 - 1994
American Bar AssociationChair, Attorney Program Subcommittee1993 - 1994
Grant A Wish, Inc.Member, Advisory Board1992 - Present
Northwestern UniversityMentor1992 - Present
Grant A Wish, Inc.Member, Honorary Board1992 - Present
International Association for Financial PlanningMember, Practitioners' Division1991 - Present
Grant A Wish, Inc.Chairman of the Board1987 - 1991
International Association for Financial PlanningMember1986 - Present
Illinois College of OptometryLecturer1983 - 1992
Illinois Conference on Small BusinessHearing Officer1981 - 1981
Attorneys' Title Guaranty Fund, Inc.Member1978 - Present
Lawyers for the Creative ArtsVolunteer Attorney1976 - Present
Lawyers for the Creative ArtsLecturer1976 - Present
Illinois College of OptometryVisiting Instructor in Optometric Jurisprudence1974 - 1982
Medico-Legal Institute, IncPresident1974 - 2004
Illinois State Bar AssociationMember1971 - Present
United States Tax CourtAdmitted to practice before1971 - Present
United States District Court for the Northern District of IllinoisAdmitted to practice before1971 - Present
Illinois Department of InsuranceAccident/Health, Fire, Casualty, Life, Variable Contracts1969 - Present
Illinois Department of InsuranceLong Term Care Insurance Broker1969 - Present
Illinois Department of Professional RegulationIllinois Real Estate Broker1968 - Present
Chicagoland Chamber of CommerceMemberN/A
Chicago Council of LawyersPast Chair, Committee on Corporate ResponsibilityN/A
Illinois State Bar Association Speakers' BureauMemberN/A
North Business & Industrial Council (NORBIC)MemberN/A
International Bar Association (London)MemberN/A
Chicago Council of LawyersMemberN/A
The Financial Planning AssociationInaugural Member, Financial Planner DivisionN/A
St. Xavier College, ChicagoMember, Estate Planning CouncilN/A
National Association of Corporate DirectorsMemberN/A
Illinois Institute for Continuing Legal EducationCourse Moderator, Faculty, AuthorN/A
Social Venture Partners ChicagoFounding PartnerN/A
Bureau of National Affairs, IncSpecial ConsultantN/A
International Trade Association of Greater ChicagoMemberN/A
Collegiate Entrepreneurs Organization (CEO)LecturerN/A
Northwestern University School of LawJudge, 39th Annual Julius H. Miner Moot Court CompetitionN/A
Center for Urban Business, The University of Illinois at Chicago College of Business AdministrationLecturer, VolunteerN/A
National Academy of Elder Law Attorneys, IncMember, Chapters CommitteeN/A
The International Association of Professional Financial Consultants, Inc.Charter MemberN/A
Chicago Bar AssociationMember/ LecturerN/A

Publications

Publication NameTitleDate
John A. Wiley and SonsThe Mission-Driven Venture: Business Solutions to the World's Most Vexing Social Problems2015
American Bar AssociationSoically Responsible Investing: Empowering Mission-Driven Entrepreneurs2011
Aspen PublishersRepresenting Corporate Officers, Directors, Managers, and Trustees2010
Institutional Investor GuidesProfitable Socially Responsible Investing? An Institutional Investor's Guide2005
Representing Corporate Officers and DirectorsBook2004
Advising Entrepreneurs: Dynamic Strategies for Financial GrowthBook2001
Elder Law: Meeting the New Challenges When Advising Elderly ClientsBook1997
Illinois State Bar AssociationBook1995
Purchase and Sale of Small Businesses: Tax and Legal AspectsBook1995
Purchase and Sale of Small Businesses: Forms, Second EditionBook1991
Purchase and Sale of Small Businesses, Second EditionBook1991
Legal Handbook for Small Business, Revised EditionBook1989
Due Diligence: Process, Participants and LiabilityBook1988
Representing Corporate Officers and DirectorsBook1987
Impact of 1986 Tax Code on Closely Held BusinessesBook1986
Amortization of IntangiblesBook1983
Taxation for Small Business, second editionBook1982
Legal Handbook for Nonprofit OrganizationsBook1981
Corporations: Pre-Organization PlanningBook1980
Taxation for the Computer IndustryBook1980
Taxation for Small Business, first editionBook1980
Taxation for Engineering and Technical ConsultantsBook1980
Taxation for Small ManufacturersBook1980
Twenty-Third Annual Federal Tax CourseBook1980
The Doctor's Law Guide: Essentials of Practice ManagementBook1979
The Professional CorporationBook1979
Legal Handbook for Small BusinessBook1978
The Doctor's Lawyer: A Legal Handbook for DoctorsBook1974

Education

School NameMajorDegreeGraduated
Chicago-Kent College of Law/Illinois Institute of Technology,Certificate in Legal Aspects of E-CommerceN/A2000
The International Association of Professional Financial Consultants, IncRegistered Financial ConsultantN/A1995
Northern Illinois University College of LawCertificate in MediationN/A1995
The International Association of Registered Financial Planners,Master Registered Financial PlannerN/A1987
John Marshall Law School, ChicagoPost-doctoral Studies in TaxationN/A1975
Northwestern University School of LawLawJD - Juris Doctor1971
University of Illinois, Urbana-ChampaignPolitical ScienceBA - Bachelor of Arts1967

Speaking Engagements

Conference NameTitleDate
How Social Enterprise Policy Becomes Law: The Illinois ExperienceSocial Enterprise2014
The Next Generation of Social EnterpriseSocial Enterprise2012
Legal Structures and Funding Strategies for Social EnterprisesSocial Enterprise2012
L3C and the ArtsL3C2012
Innovations in Public-Private Collaboration: The Edge for Business and the Health of the PublicSocial Entrepreneurship Models2012
2012 Transformational Leadership Award Dinner & SymposiumSocial Business2012
Nuts & Bolts of Social Enterprise: Marc J. LaneSocial Enterprise2011
Are You a .com or a .org?L3C2011
The L3C: Social Enterprise's Powerful, New Capital Formation ToolL3C2010
The L3C and Catalytic PhilanthropyL3C2010
L3Cs: Social Enterprise's Powerful, New Capital Formation ToolL3C2009
First Business Morning NewsInvesting2007
WYIN Evening NewsInvesting2006
The Street.comInvesting2006
First BusinessInvesting2006
High Net WorthInvesting2005
Forbes.comInvesting2005
White House Conference on Small BusinessSmall Business1995