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Accreditation and CLE Rules for Illinois
The National Academy of Continuing Legal Education is an Accredited CLE Provider in Illinois.
Illinois attorneys are required to take 30 credit hours every 2 years including 6 professional responsibility credits. Of the 6 professional responsibility hours at least 1 must be in diversity and inclusion, and at least 1 must be in mental health and substance abuse.
Illinois attorneys can earn all 30 CLE credit hours with us including 4 credit hour of Ethics, 1 credit hour of Diversity and Inclusion and 1 credit hour in Mental Health and Substance Abuse using our DVDs, Audio CDs, USB Stick, Online, and iOS/Android App courses.
Experienced Illinois attorneys are divided into two compliance groups. Attorneys with last names that start with the letters A through M are due on June 30th of even numbered years. Attorneys with last names that start with the letters N through Z are due on June 30th of odd numbered years.
Newly Admitted attorneys in Illinois must complete 15 total credit hours in their first year of admission. This requirement consists of 6 credits of Basic Skills course that have been directly approved by the MCLE Board to meet the special Basic Skills requirement. Newly Admitted attorneys can fulfill their entire requirement with us, including Basic Skills credits, using our DVDs, Audio CDs, USB Stick, Online, and iOS/Android App formats. The deadline to complete these newly admit requirements is one year after your date of admission on the last day of the month (S. Ct. Rule 793(b)).
The MCLE Board of the Supreme Court of Illinois
200 West Madison Street
Chicago, Illinois 60606
(t) 312-924-2420 http://www.mcleboard.org/
Follow the Money: Legal Pitfalls of Investing in Cannabis
MCLE Courses Available on DVDs, Audio CDs, USB Stick, Online & iOS/Android App!
About This Course
This CLE course will provide a broad overview regarding the wealth of opportunities that exist when thinking about investing in the cannabis industry, including breakdowns and industry overviews with current trends in mergers and acquisitions. This is followed by a discussion of regulatory and other key issues for U.S. investor clients including banking, 280E, and lack of research. The course continues with information about investing in cannabis abroad with a special focus on Canada and the positive movements happening there, post-legalization. In conclusion, instructors provide important insight into accounting and tax issues with recommendations for handling complex tax issues and 280E ending with information about accounting compliance practices.