Theodore Lee Banks

Theodore Lee Banks, Business Attorney in Chicago, Illinois

Over 50 years of legal practice · focused on Business, General, and International · 4.9/5 rating from 14 verified client reviews

PartneratScharf Banks Marmor LLC

Chicago, IL

Practicing business in Chicago since 1976.

50+
Years practicing
4.9 ★
14 client reviews
2
Bar admissions

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Quick answer

Theodore Lee Banks is a partner based in Chicago, IL. The practice focuses on Business, General, and International. Theodore has over 50 years of legal experience. Currently practicing at Scharf Banks Marmor LLC. Rated 4.9 out of 5 from 14 client reviews.

Based in
Chicago, IL
Experience
over 50 years
Known for
Business · General · International
  • Handles Business, General, and International matters from Chicago, IL.
  • Over 50 years of practice as a licensed attorney.
  • Recognized with AV Preeminent.

About Theodore Lee Banks: Theodore Lee Banks is a partner based in Chicago, IL. The practice focuses on Business, General, and International. Theodore has over 50 years of legal experience. Currently practicing at Scharf Banks Marmor LLC. Rated 4.9 out of 5 from 14 client reviews.

Areas of practice

Legal matters Theodore takes on

Theodore concentrates on business, general, international, and m&a. Each area below outlines the kind of case Theodore handles, typical outcomes to expect, and how the intake process starts.

Business cases in Chicago, Illinois

Theodore takes business matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Theodore agrees to represent you.

General cases in Chicago, Illinois

Theodore takes general matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Theodore agrees to represent you.

International cases in Chicago, Illinois

Theodore takes international matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Theodore agrees to represent you.

M&A cases in Chicago, Illinois

Theodore takes m&a matters in Chicago, Illinois. Typical engagements include intake calls to scope the issue, review of any records or filings you already have, and a written strategy memo before Theodore agrees to represent you.

Biography

Meet Theodore Lee Banks — business lawyer in Chicago

Theodore Lee Banks is a partner based in Chicago, IL. The practice focuses on Business, General, and International. Theodore has over 50 years of legal experience. Currently practicing at Scharf Banks Marmor LLC. Rated 4.9 out of 5 from 14 client reviews.

Theodore Lee Banks is a lawyer practicing international law, business, mergers & acquisitions and 3 other areas of law. Theodore received a B.A. degree from Beloit College, and has been licensed for 50 years. Theodore practices at Scharf Banks Marmor LLC in Chicago, IL.

How Theodore handles business matters

Theodore Lee Banks is a lawyer practicing international law, business, mergers & acquisitions and 3 other areas of law. Theodore received a B.A. degree from Beloit College, and has been licensed for 50 years. Theodore practices at Scharf Banks Marmor LLC in Chicago, IL.

The kind of cases Theodore takes

Theodore reviews new inquiries case-by-case for business, general, and international matters in Chicago and the surrounding Illinois area.

Credentials

Education, bar admissions, and languages

  • University of Denver

    J.D. · 1975

  • Beloit College B.A.

Jurisdictions

Theodore's state bar admissions

  • Colorado

    1976 · ACTIVE

  • Illinois

    1976 · ACTIVE

Theodore studied at J.D. in University of Denver and — in Beloit College B.A..

Law school and academic background

Theodore completed J.D. in University of Denver and — in Beloit College B.A.. Formal legal training is one signal of substantive knowledge — the day-to-day practice Theodore runs in Illinois is where that training gets applied to real client questions.

Recognition

Recognition and thought leadership

Theodore has received 1 formal recognition from bar associations, industry bodies, and peer-review services.

  • AV Preeminent

Legal awards and honors

AV Preeminent.

Locations

Theodore Lee Banks's office in Chicago

Theodore's primary office is at 333 W. Wacker Dr., Ste. 450, Chicago, IL, 60606. In-person meetings are by appointment; a phone intake usually comes first.

Main office

Scharf Banks Marmor LLC

333 W. Wacker Dr., Ste. 450

Chicago, IL 60606

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Client feedback

Client reviews of Theodore Lee Banks — 4.9/5 rating from 14 verified client reviews

Every review below is from a verified client of Theodore. Reviews cover communication, case outcome, and value — the three signals that matter most when comparing business attorneys in Chicago.

4.9

14 client reviews

Client ratings are sourced from public records and editorial research. Reviews on LawyersListed are accepted from verified clients once Theodore Lee Banks claims this profile.

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Hiring guide

How to hire Theodore Lee Banks — what to expect in your first consultation

Working with a new business attorney should feel structured. Here's how the first two conversations with Theodore usually go, from the moment you request a consult to the day representation begins.

Consultation formats and pricing

Theodore charges for the initial consult. That fee is credited toward representation if you retain Theodore's office.

What to bring to your first meeting

Bring any documents you already have — police reports, medical records, filed pleadings, correspondence from an insurer, a copy of the contract at issue. If you're not sure, err on the side of bringing everything; Theodore will tell you what matters and what doesn't.

Questions to ask a business attorney in Chicago, Illinois

A short list to run through before you commit: How many business matters have you handled in the last year? What's your fee structure? Who else in the office will work on this? What's your realistic estimate of timeline and range of outcomes? How do I reach you between meetings?

Fees & payment

Fees, payment methods, and consultation options for Theodore

Theodore discusses fees during intake so the arrangement fits the matter. Contingency, hourly, and flat-fee options are all common in business practice — ask which fits.

Hourly rates, contingency fees, and flat-fee options

Every business matter is priced differently. Simple document review might be a flat fee. Injury litigation is often contingency. Complex commercial disputes usually run hourly with a retainer. Theodore confirms the model in the engagement letter before any work starts.

Payment methods and payment plans

Theodore's office accepts standard payment methods. Ask about payment plans if the retainer is a stretch — many business practices work with clients on structured schedules.

Frequently asked

Frequently asked questions about Theodore Lee Banks

  • How much does it cost to hire Theodore for a business case?

    Cost depends on the type of matter, the fee model (contingency, flat, hourly), and how contested the case becomes. Theodore walks through the likely range during the consult so there are no surprises.

  • Does Theodore offer a free consultation?

    Theodore charges for the initial consult; that fee is credited toward representation if you retain Theodore's office. Some business attorneys offer free consults — check Theodore's current terms during booking.

  • How long do business cases in Illinois typically take?

    Simple business matters can wrap in a few weeks; disputed cases can run 6–18 months from intake to resolution, longer if the matter goes to trial. Theodore gives a realistic estimate for your facts at the consult — vague answers here are a red flag.

  • Can Theodore take my case if I'm outside Chicago?

    Theodore is licensed in Illinois. Matters governed by Illinois law are the natural fit. Out-of-state matters are handled case-by-case, sometimes with local co-counsel. Ask during intake — Theodore will tell you if the case is a fit or refer you to someone closer to your court.

  • What should I bring to my first meeting with Theodore?

    Bring every document that touches the dispute: contracts, correspondence, police or medical reports, filed pleadings, invoices, photographs, insurance letters. Also bring a written timeline of what happened, in your own words. Theodore will filter what matters — over-preparing at intake is always cheaper than needing a second meeting.

  • Is Theodore accepting new business clients right now?

    Theodore's intake status shifts week to week. Submit the form; the office will confirm availability or refer the matter out.

Areas served

Business attorneys serving Chicago, Springfield and Northbrook in Illinois

Theodore handles business matters throughout Illinois. Each city below is a direct link into the search page for verified business attorneys in that community.

More counsel

If Theodore's intake is full or the fit isn't right, these business attorneys in Chicago handle similar matters. Every profile below is verified and open to consultations.