Marc J. Lane is a nationally recognized business and tax attorney, a Master Registered Financial Planner, a Registered Financial Counselor and a Certified Investment Specialist. He is the author of 35 books on corporate organization, management, taxation, investment, personal finance, and social enterprise. Twice a recipient of the Illinois State Bar Association's Lincoln Award, Marc teaches law at Northwestern University School of Law and has taught business in the MBA program at the University of Illinois.
Marc is the pioneer behind the Advocacy Investing® approach to socially responsible and mission-related investing (www.AdvocacyInvesting.com. A past Director of Social Enterprise Alliance (SEA), the national association of enterprising nonprofits and social-purpose businesses, he spearheaded the launch of its Chicago chapter for which he serves as President and a Director. He has also chaired SEA’s affiliate, The Center for Social Enterprise Accreditation. By appointment of Gov. Pat Quinn, he is Chairman of the State of Illinois’ Task Force on Social Innovation, Entrepreneurship, and Enterprise. Also by appointment of Gov. Pat Quinn, he is a Commissioner of the Serve Illinois Commission.
Marc is the force behind Illinois’ Low-profit Limited Liability Company (L3C) legislation, and has been instrumental in promoting L3C legislation in other states, 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. His law firm is helping launch as many as 50 L3Cs around the country and, in separate transactions, is working with about 20 foundations that are interested in making program-related-investments in L3Cs.
He 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, which is a testament to the fact that Mr. Lane's peers rank him at the highest level of professional excellence. In addition, he has been selected by his peers as a "Leading Illinois Attorney" and an "Illinois Super Lawyer" nine times, including in 2013.
Marc is the author of 35 books, including Profitable Socially Responsible Investing: An Institutional Investor's Guide, Euromoney Institutional Investor PLC; Advising Entrepreneurs: Dynamic Strategies for Financial Growth, John Wiley and Sons; Legal Handbook for Nonprofit Organizations, American Management Association; Representing Corporate Officers, Directors, Managers, and Trustees, Aspen Publishing; Social Enterprise: Empowering Mission-Driven Entrepreneurs, American Bar Association; and The Mission-Driven Venture: Business Solutions to the World's Most Vexing Social Problems, John Wiley and Sons.
AV® Preeminent is a certification mark of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the anonymous opinions of members of the Bar and the Judiciary. Martindale-Hubbell Peer Review Ratings fall into two categories - legal ability and general ethical standards.