Law Office of William J. Factor, Ltd.

Welcome to the comprehensive profile of the Law Office of William J. Factor, Ltd., a distinguished legal practice within the "Lawyers Near Me" platform category, serving individuals and businesses in Northbrook, Illinois, and the wider Chicago metropolitan area. This introduction aims to provide local users with an objective and detailed overview of the firm's environment, the extensive range of services it offers, its key features, and any available promotional information, all based on publicly accessible data and client feedback.

The Law Office of William J. Factor, Ltd. maintains an office at 1363 Shermer Rd #224, Northbrook, IL 60062, USA. For direct contact, the firm can be reached by phone at (312) 878-6976, which also serves as their mobile phone number. In addition to their Northbrook presence, the firm, often known as FactorLaw, has a prominent office in downtown Chicago at 105 W Madison St Ste 1500, Chicago, IL 60602. This dual-office structure enhances their accessibility and capacity to serve clients across Illinois, combining the reach of a larger firm with the personalized touch of a boutique practice.

The firm is led by its founding partner, William J. Factor, a seasoned bankruptcy attorney with a legal career spanning over three decades. Mr. Factor began his journey in the legal field in the 1980s as a collections coordinator, which eventually led him to pursue law at DePaul University College of Law, where he excelled academically. His early career included significant experience at large national firms like Sidley Austin and Seyfarth Shaw LLP, where he specialized in commercial bankruptcy and litigation, even becoming an equity partner at Seyfarth. In 2009, he established the Law Office of William J. Factor, Ltd. (FactorLaw) with the aim of bringing high-level commercial bankruptcy experience to individuals and small businesses who might otherwise find the rates of large downtown firms prohibitive. His expertise has been consistently recognized by prestigious legal publications and ratings, including Super Lawyers, Leading Lawyers in Illinois, and an AV Preeminent rating from Martindale-Hubbell every year since 2003. This extensive background and recognition underscore his deep expertise and respected standing in the legal community.

The Law Office of William J. Factor, Ltd. is primarily recognized as a premier bankruptcy and commercial litigation firm. They are dedicated to delivering sophisticated legal solutions for complex financial problems. Their comprehensive range of practice areas includes:

• Bankruptcy (Chapters 7, 11, and 13): The firm assists individuals, families, and businesses seeking relief under the Bankruptcy Code. This includes Chapter 7 for debt discharge, Chapter 13 for debt reorganization through a payment plan, and Chapter 11 for business restructuring.
• Bankruptcy Litigation: They represent clients in contested actions arising from bankruptcy petitions, possessing knowledge of both civil and bankruptcy laws relevant to such disputes.
• Creditors' Rights: The firm also represents creditors, trustees, and businesses in financial distress, assisting with debt recovery and enforcement of creditor rights amidst increasing challenges in collection processes.
• Commercial Litigation: They handle a wide range of commercial disputes in both federal and state courts, representing individuals, businesses, financial institutions, and other parties.
• Corporate and Finance Law: Providing legal guidance on corporate structures, finance transactions, and related business matters.
• Merchant Cash Advance Defense: Assisting clients dealing with creditors attempting to collect Merchant Cash Advances, offering strategies to address these unique financial instruments.
• Consumer Protection: Advocating for consumers against unfair or deceptive business practices.
• Landlord/Tenant Disputes: Handling legal issues arising from commercial landlord-tenant relationships, requiring specific knowledge of commercial real estate.
• Mortgage Foreclosure: Representing clients in matters related to mortgage foreclosures.

A distinctive feature of FactorLaw is its dual focus: combining the caliber of large national practices with the personal service and adaptability typically found in boutique firms. They emphasize deeply personalized legal strategies, aggressive representation, creative problem-solving, and a "client-first advocacy." The firm prioritizes understanding each client's unique goals, whether it's protecting personal assets, restructuring business debt, or enforcing creditor rights. They also distinguish themselves by offering flexible fee structures, which enable clients to access top-tier legal counsel regardless of their financial challenges. This includes competitive hourly rates and, importantly, the willingness to accept pure or blended contingency fee arrangements in some cases, meaning clients only pay if they recover. This commitment to accessible, results-oriented representation is a significant promotional aspect.

The firm takes pride in its responsiveness, assuring clients that phone calls and emails will be answered promptly. They also highlight that a significant portion of their caseload originates from referrals from other attorneys and business owners, which they view as a testament to the trust they have earned within the legal and business communities.

Client testimonials for the Law Office of William J. Factor, Ltd. are overwhelmingly positive and speak volumes about the firm's service quality. The review provided, "Probably the nicest and most understanding attorney I've ever met," reflects a common sentiment found in other testimonials. Additional feedback from clients includes:

• Clients praising "Bill Factor and team" for helping them through "long and complex cases" and being consistently "there for our family."
• Descriptions of the firm as "amazing" and performing "the up most amazing work."
• Comments on "high competency and empathy and fair priced," with strong recommendations to "anyone going through this."
• Specific praise for Mr. Factor's "brilliant legal mind for analysis" and his ability to provide "excellent legal advice and alternative choices."
• Recognition that he is "most interested in resolving the problem rather than litigating the matters and making representation more costly," indicating a focus on efficient and cost-effective solutions.
• Testimonials also highlight the compassion and understanding of other attorneys and staff members, such as Jeffrey K. Paulsen and Ariane Holtschlag, who are described as "very smart and compassionate," always available, and genuinely caring for their clients.
• Clients express feeling a "great burden has been lifted" after working with the firm, transforming stressful financial situations into relief.

These reviews consistently emphasize the firm's professionalism, knowledge, compassion, communication, and commitment to achieving positive outcomes for their clients, often in highly stressful financial situations. The frequent mention of understanding and empathy aligns well with the firm's stated client-first approach.

In summary, the Law Office of William J. Factor, Ltd., or FactorLaw, is a highly reputable and experienced legal firm specializing in bankruptcy and commercial litigation, serving Northbrook, Chicago, and broader Illinois. Led by the highly regarded William J. Factor, the firm offers comprehensive legal services in Chapters 7, 11, and 13 bankruptcy, creditors' rights, commercial disputes, and various other financial and business law matters. Their key features include a blend of big-firm expertise with boutique-level personal attention, flexible fee structures including contingency options, and a deep commitment to client understanding and results-oriented advocacy. The overwhelmingly positive client testimonials affirm their dedication to providing not only legally sound but also compassionate and understanding representation, making them a highly recommended choice for those navigating complex financial and legal challenges within the "Lawyers Near Me" category.