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Adam Samuel Tracy

Litigation Attorney at Chicago, IL

3.7   36 reviews

also known as Adam S. Tracy, Adam Tracy

  • Licensed for 18 years
    State IL
    Acquired 2005
    Status
    Not Authorized To Practice Law Due To Discipline Lawyer disciplined by state licensing authority in 2020

This lawyer was disciplined by a state licensing authority in 2020. See details

About Adam

Learn Adam’s areas of practice.

3
Practice areas
  1. Litigation
    50%
    I represent both individuals and businesses in a wide variety of litigation matters, including contract, collection, and personal injury

    19 years, 25 cases

  2. Corporate and incorporation
    25%
    Providing entity and private fund formation for emerging, growth-orientated startups

    19 years, 100 cases

  3. Securities offerings
    25%
    I consult early stage ventures navigate the complex world of securities law. This includes drafting investment documents, providing IPO and reverse merger services, hedge fund formation and ongoing SEC compliance work.

    19 years, 100 cases

A former competitive rugby player and serial entrepreneur, attorney Adam S. Tracy represents businesses and their owners in a wide range of corporate, corporate finance, cryptocurrency, commodities, litigation and securities law matters. Adam's wide range of operational experience as both an attorney and a business leader provides his clients with cutting edge, cost-effecitve solutions.

Photos and videos

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Location

The Tracy Firm, Ltd.
141 W. Jackson Blvd.
Suite 2172
Chicago, IL, 60604

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Reviews

3.7 / 5.0
  36 customer reviews
5 Star
 
67%
4 Star
 
0%
3 Star
 
0%
2 Star
 
0%
1 Star
 
33%
Posted by John | December 17, 2019
This review is from a person who hired this attorney.
| Hired Attorney
Money Service Business Expert
We used Adam Tracy to register our payment processor as a Money Service Business with FinCEN. He was excellent and extremely knowledgeable in this complex arena. Very happy with his work
Posted by Nick | August 29, 2018
This review is from a person who hired this attorney.
| Hired Attorney
Helped Launch my Startup
I've been working with Adam Tracy for over two years and he has been an invaluable resource for my startup company. He has handled everything from a-z without issue and has been very reasonable fee wise. I have recommended him to others in my startup incubator.
Posted by Omar | June 25, 2018
This review is from a person who hired this attorney.
| Hired Attorney
The Cryptocurrency Expert
Being relatively new to the blockchain and cryptocurrency I needed someone to help guide me, that’s when I came across Adam Tracy from his YouTube videos. Adam was instrumental in setting up my cryptocurrency company…he came thru with flying colors. Adam should be on everyone’s short-list of attorney’s, I highly recommend him to anyone exploring the cryptocurrency space.
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Posted by Dave | March 6, 2017
This review is from a potential client who consulted with this attorney.
| Consulted Attorney
Trusted Legal Advisor that gets Results.
I contacted Adam S. Tracy on a recommendation from a business colleague and boy am I glad I did. I was beyond impressed with Adam – we had a troublesome legal issue about a debt owed by our now defunct company and needed a sound legal advice. He does not beat around the bush and his response time, and quality of reply, were remarkable good, concise and solution focused. He is a true trusted legal advisor that will get immediate results. Highly recommended.
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Posted by Kevin | December 14, 2016
This review is from a person who hired this attorney.
| Hired Attorney
Tenacious & Enthusiastic Advocate in your Corner
I found Mr. Adam S. Tracy to be an enthusiastic lawyer and a very skillful negotiator. He resolved quite a difficult employment matter by masterfully employing both his commendable tenaciousness and calmly expressed reason.
Posted by Anthony-James | August 2, 2016
This review is from a potential client who consulted with this attorney.
| Consulted Attorney
Great help with "Rule 144"
Rule 144 "that allows for the public resale of controlled and restricted securities contingent on some conditions," is a tad too complicated. Mr. Tracy explained it in detail to me and we decided to move forward together. Highly recommended.
Posted by anonymous | June 5, 2015
Impressed and Satisfied
Corporate securities attorneys are hard to come by, but competent and experienced Corproate securities attorneys are even more difficult to find. Adam, although relatively young, is very experienced and knows his way around the complexities of matters such as corporate actions, reverse mergers, opinions, etc. He's been my attorney for both personal and business transactions for five years now and I'm very pleased with his work.
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Posted by Sarah | May 28, 2015
Big Help for My Small Business
Adam and his team are great at what they do. I wanted to get an e-commerce business incorporated, get a contract between my business partner and I, get contracts for advertisers, acquire a little bit of funding, and explore options for funding in the future. Although my business is very small, they treated me like I was a medium or large company and now my business is off and running!
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Posted by Chris Connors | March 8, 2015
Long Term Corporate/ Securities Client
Adam has served as my public company's in house counsel for five years and I have been extremely pleased. He has had us covered on all issues that have come up including our public offering. I continue to recommend him to associates of mine.
Posted by Joe Dale | September 1, 2014
Highly Recommend
I was losing a commercial property to foreclosure after the market bombed out. Mr Tracy was one of the few attorneys that I met with that didn’t simply assume I had to lose the property as well as any equity I had in it. He eventually proposed a 1031 exchange that he made work to my benefit. He is busy and can be tough to reach, but I see why he is. I continue to use him for my other ventures Joe
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Posted by Alex | August 17, 2013
Really helped us!
I can't say enough good things about Adam S. Tracy. He saved my house from being foreclosed on, even though I had missed the mortgage payments for quite a few months. He was able to negotiate a deal with the bank to keep my house and I am forever grateful! He is very knowledgeable when it comes to foreclosure, and I would recommend him in a heartbeat.
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Posted by Lori | March 14, 2013
Foreclosure Defense
Mr. Tracy saved us from losing our home and helped us settle our outstanding debt. We "interviewed" several attorneys and chose him for his knowledge on Loan Modifications and on Debt Settlement. He was very reasonable for his services. I have recommended others to him that were and are happy as well. Thank you again, Adam
Posted by Maria | December 28, 2012
Superb!
Mr. Tracy helped me through a difficult time with my financial situation. He was very thorough, competent, and very personable. I would recommend him as an attorney to anyone. He was able to make what could have been an extremely difficult time much less stressful. He did a great job handling my Chapter 7 case. I would definitely recommend him to anyone.
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Posted by Andrew Harry | December 13, 2012
Commendable lawyer
Adam Tracy is very professional. He is responsive to my problem and focuses on the issues on hand in order to reach the best possible resolution for his client. He thinks ahead and understands what is best for his clients. He is very good to work with and always makes me feel comfortable. I will definitely recommend him to anyone needing legal advise.
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Posted by carol | December 7, 2012
Great lawyer
Given the value of my home, I wasn't interested in really keeping it. Adam Tracy was able to convince me and changed my mind. He was able to identify that I had a predatory loan and could later sue my lender for damages. That changed my entire view of the situation. He was extremely aggressive going after the bank and made us feel strongly in what he was doing. His pricing was extremely fair and he got results. Can't complain. I definitely recommend him.
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Posted by Caren | December 3, 2012
Commendable lawyer
I hired Adam Tracy to help me with my (Chap 7) bankruptcy process 8 months ago. Adam is a smart, reliable and very professional attorney. His outstanding service made the cumbersome bankruptcy process go very well. Throughout the process, I never felt that Adam considered me as just a "number," but rather, he treated me with concern and without judgement. Thanks to him, my bankruptcy process is now complete and successful. I highly recommend Adam Tracy to anyone who needs help with the bankruptcy process.
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Posted by Jeffrey | November 27, 2012
Excellent lawyer
The decision to file bankruptcy was a difficult one for me to make. Adam helped me to feel a bit better about the process and never made me feel bad about the decision that I have made. He was with me in every process of filing which made me a bit secured. We had to go through a lot but I felt that it help me understand the process and to better understand the situation that I had got myself into. I would definitely recommend Adam to anyone needing help.
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Posted by Tiffany So | November 21, 2012
My way of appreciation
My husband and I came to a point when bankruptcy seems to be the only option that we have given our personal circumstances. At that time we were stressed, scared, worried and ashamed. We have been with a few other attorneys but it was only when we met Adam that we became comfortable and assured. He is very professional, honest, hardworking and is very easy to work with. Adam took time to understand the issues that we faced as a family and explained to us our available options. When we were able to decide which course to pursue, Adam prepared everything needed and explained each step of the process along the way. He made certain that we understood exactly what was happening. In the end, we had a great result. We would highly recommend Adam to anyone who is looking for a great attorney.
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Posted by Beth | November 14, 2012
Saved from Foreclosure
Adam Tracy was a great help to me and my family. We were in foreclosure and burdened with excessive debt. Not only did he help us maintain our home, but he also provided us with a debt resolution plan - all at a fair price. He was extremely knowledgeable, communicative and personable. I would recommend him.
Posted by Jimmy | November 7, 2012
Real Estate Transaction Went Smoothly
I would strongly recommend Mr. Adam Tracy's service for real estate. His calm and collective approach was exceptionally encouraging, considering the fact that my transaction was not the easiest one. Moreover, I have referred to him many clients, since I have learned that he constantly does indeed his best for his clients. With certainty, you won't be disappointed in any aspect of his work.
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Cost

Rates
  • Free Consultation 120 minutes
  • Contingency 10%-33%
  • Retainer Sometimes
Payment methods
Cash, Check, Credit Card

Resume

AVVO RATING 1.0 (Extreme Caution)

Professional misconduct

This lawyer was disciplined by a state licensing authority in 2020.

Disbarment by Consent issued in IL, 2020
updated on 04/07/2021

Disbarment on consent means the attorney resigned in order to avoid being disbarred, the most serious penalty for a lawyer.

Suspension issued in IL, 2019
updated on 10/16/2019

Suspension means an attorney lost his or her license to practice law for a specific period of time. The attorney typically returns to practicing law when the suspension expires.

Work Experience

  • Founder/Managing Attorney
  • The Tracy Firm, Ltd.
  • 2005 - Present
  • Co-Founder, Vice President & General Counsel
  • Ecology Coatings, Inc.
  • 2006 - 2008
  • Associate Attorney
  • Rathje Woodward LLC
  • 2005 - 2006
  • Corporate Counsel
  • Philip Morris U.S.A.
  • 2004 - 2005
  • Gasoline Trader
  • BP, PLC
  • 2000 - 2003
View all work experience

Education

  • DePaul University College of Law
  • JD/MBA - Juris Doctorate and MBA
  • 2005
  • DePaul University
  • M.B.A.
  • 2005
  • University of Notre Dame
  • B.S. & B.A.
  • 2000

Sample of Legal Cases

  • Etherecash.IO
  • Client raised over $31,000,000
  • TriMax Consulting Inc
  • Initial Public Offering (IPO)
  • Carbon Credit International Inc
  • Initial Public Offering (IPO)
View all legal cases

Associations

  • The National Creditors Bar Association
  • Member
  • 2016 - Present
  • Securities Transfer Association
  • Member
  • 2015 - Present
  • Federal Bar Association
  • Member
  • 2014 - Present
  • DuPage County Bar Association
  • Member
  • 2014 - Present
  • Securities Industry Association
  • Member
  • 2013 - Present
View all associations

Languages Spoken

  • English
  • German

Honors and Awards

  • Client Champion Award
  • Martindale-Hubbell
  • 2018

Speaking Engagements

Attorney endorsements

Received (1)
Given (4)
Endorse Adam
Foreclosure Attorney | May 18
Relationship: Worked together on matter
"I endorse this lawyer."
Ethics and professional responsibility
Criminal defense
Chicago Litigation Lawyer Adam Samuel Tracy
Adam Samuel Tracy
Litigation Attorney
Chicago, IL
Free Consultation
This lawyer was disciplined by a state licensing authority in 2020. See details