Anthony Jacob practices law in the areas of business law, banking and commercial finance law, real estate law, and election law.

Tony is engaged in general corporate practice, including various aspects of private merger, acquisition, divestiture and employee benefit matters. In addition, Tony's practice includes secured and unsecured lending transactions, asset securitization and structured finance, ESOP loans, initial debt and equity offerings, primary and secondary debt offerings, corporate reorganizations and restructuring, joint ventures and syndicated commercial financing transactions. His clients include domestic and foreign corporations, limited liability companies and partnerships, and banks and other commercial lending institutions.

Additionally, Tony represents real estate developers with real estate acquisitions, divestitures, and condominium conversions. He serves as outside general counsel to certain real estate development companies, assisting with their construction, development and liability protection strategies.

A significant part of Tony's practice includes the area of Illinois election law. He counsels local and state elected officials, their political committees and other types of political committees, including independent expenditure committees. He also represents the political action committees of corporations, not for profit corporations, partnerships, associations and other business entities. Tony formerly represented the Friends of Blagojevich political committee.

Tony is the leader of the firm's Business & Commercial Transactions Practice Group. Before joining Hinshaw in December 2000, he served as deputy general counsel for the Illinois State Board of Elections and as an attorney with a Chicago law firm representing school districts, special education districts, other local governmental bodies, and candidates, public officials, and political committees.

Professional Affiliations

  • Chicago Bar Association
    • Election Law Committee
  • Defense Research Institute (DRI)
    • Regulatory/Transactional Focus Group Membership Initiative
  • Illinois State Bar Association (ISBA)
    • Business and Securities Law Section Council, Chairman, 2012
  • Institute of Illinois Business Law at Chicago-Kent College of Law, Board Member
  • The John Marshall Law School, Investment Committee, Member of Board of Trustees, 2013 – Present


He has given numerous presentations in conjunction with the National Business Institute, Illinois State Bar Association, IASB, IASA and IASBO. His other presentations include:

  • Panelist, "You Get What You Give: Negotiating the Deal," AM & AA Virtual Summer Conference, August 6, 2020
  • "Asset Purchase Agreements," Complex Commercial Contracts: The Legal Principles You Need to Know for Effective Drafting, Madison, Wisconsin, January 13, 2017
  • "Structuring M&A and Private Equity Sales Involving ESOPs: Alternative Strategy in a Down Market," Strafford, webinar, November 1, 2016
  • "Entity Selection 101," Starting Points: Fundamentals of Forming a Business Entity, Illinois Institute for Continuing Legal Education, Chicago, Illinois, April 2014
  • "ESOPs from A to Z," U.S. Trust, Bank of America, Private Wealth Management, Chicago, Illinois, October 2013
  • "Loan Guaranty Enforcement: 'Bad Boy,' Upstream, Affiliated and Other Agreements; Best Practices for Lenders and Guarantors In and Outside of Bankruptcy," Strafford Publications, Inc., live teleconference, October 2013
  • "A to Z for Bank ESOPs," CBAI's 39th Annual Convention & Expo, Springfield, Illinois, September 2013
  • "Commercial Loan Documents in Action: Analyzing Key Provisions," Commercial Loans - Building Lender Protections From Start to Finish Seminar, live video conference, October 2012
  • "Employee Stock Ownership Plans as a Business and Tax Planning Vehicle," Strafford Publications, live webinar, January 2012
  • "Commercial Loan Guaranty Agreements – Enforcing and Defending 'Bad Boy,' Upstream, Affiliated and Other Personal and Corporate Guaranties," Strafford Publications, Inc., live teleconference, November 2011
  • "Leveraged ESOPs 101," Hinshaw Breakfast Briefing for Accountants, Schererville, Indiana, October 2011


Tony is the author of numerous articles on the topics of the organization and restructuring of corporations, limited liability companies and partnerships, and arbitration of employment disputes.

His publications include:

  • Co-Author, Chapter 1, "Selection of the Business Entity," IICLE's Business Law: Choice of Entity 2020 Edition, May 2020
  • Chapter 1, "Considerations in Electing S Corporation Status," IICLE's S Corporations 2018 Edition, December 2017
  • Chapter 1, "Introduction to and Background of Illinois Limited Liability Companies," IICLE's Limited Liability Companies 2018 Edition, November 2017
  • Chapter 7, "State Campaign Financial Disclosure," IICLE's Election Law 2016 Edition, 2016 Edition
  • Co-Author, "Enforcing the Commercial Guaranty Agreement," American Bar Association's Commercial Law Newsletter, December 2011
  • "Piercing the Corporate Veil," Corporation, Securities & Business Law Forum, the newsletter of the Illinois State Bar Association's Section on Corporation, Securities, and Business Law, March 15, 2011
  • "Checklist for third-party attorney opinions," Corporations, Securities & Business Law Forum, the newsletter of the Illinois State Bar Association's Section on Corporation, Securities, and Business Law, January 2011
  • "Expanding Judicial Review to Encourage Employers and Employees to Enter the Arbitration Arena," 30 J. Marshall. L. Review 1099, 1997

Community/Civic Activities

  • Gilda's Club Chicago, Associate Board
  • Served as pro bono counsel for an economic and family development council in the West Humboldt Park area of Chicago and still provides pro bono legal services to many local school district educational foundations
  • County of DeKalb
  • County Board Commissioner, Past
  • Forest Preserve Commissioner, Past
  • Board of Education for the Skokie-Morton Grove School District No. 69, Past Board Member

LL.M., Taxation and Employee Benefits, The John Marshall Law School, 2003

J.D., The John Marshall Law School, 1998

  • Student Publications Editor, The John Marshall Law Review
  • Moot Court Team

B.A., Northern Illinois University, 1994