Ray & Glick Ltd

What Ray & Glick Ltd does

Ray & Glick LLC is a boutique law firm founded in 1962 and headquartered in Libertyville, Illinois, in the northern Chicago metropolitan area. The firm provides legal services across four practice areas: Commercial Law (corporate matters, structuring, and acquisitions), Real Estate (sales, acquisitions, lending, and leasing), Business Organization & Structuring, and Commercial Leasing. It serves both local clients in the Chicago metro and a national clientele, positioning itself as a cost-effective alternative to larger firms.

The firm operates with two equity partners—Sidney A. Glick (joined 1991, JD University of Illinois 1984) and Steven J. Marcus (joined 1994, JD Northwestern 1988, CPA)—both formerly of Rudnick & Wolfe (now DLA Piper). The practice is supported by two paralegals and runs from a single office at 545 North Milwaukee Avenue, Suite 204, Libertyville. Revenue is generated through traditional professional legal fees, likely hourly billing or fixed-fee arrangements; no pricing is publicly disclosed. Client acquisition is driven by reputation, referrals, and bar association networks rather than active marketing. The firm has no disclosed technology platform, no AI or software capabilities, no external funding, no parent company, and no partnerships or alliances. Ownership rests with the two partners; the firm operates as an independent LLC.

The underlying business is a capacity-constrained professional services partnership with no disclosed growth initiatives. Marketing is limited to a basic website, there are no app or product offerings, and the firm has not added equity partners since 1994.

Name

Ray & Glick Ltd

Legal name

Ray & Glick, LLC

Website

https://rayglicklaw.com

Company type

Private

Founded year

1962

Operating status

Operating

Headcount range

1–10 employees

Short description

Ray & Glick LLC is a boutique law firm founded in 1962 in Libertyville, Illinois, providing commercial law, real estate, business structuring, and commercial leasing services to corporate clients locally and nationally.

Ownership category

akta.pro rank

Headquarters

HQ city

Libertyville

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Legal Services: Boutique law firm providing legal services in commercial law, real estate, business organization & structuring, and commercial leasing. Revenue is generated through professional legal fees, likely hourly billing or fixed fees for specific legal matters.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Ray & Glick LLC is a boutique law firm that delivers legal advisory and representation services across commercial law, real estate transactions, business organization and structuring, and commercial leasing. The firm represents corporate and commercial clients in matters involving corporate structuring, acquisitions, real estate sales and acquisitions, lending, and lease negotiation, providing comprehensive multi-practice legal solutions from a single Libertyville, Illinois office.

Product overview

Ray & Glick is a boutique law firm established in 1962 providing legal services in four practice areas: Commercial Law (corporate matters, structuring, acquisitions), Real Estate (sales, acquisitions, lending, leasing), Business Organization & Structuring, and Commercial Leasing. The firm serves clients locally in the northern Chicago metropolitan area and nationally.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Law Services

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators2 records

Recent moves3 records

Direct peers

• Much Shelist, P.C. Mid-sized Chicago firm specializing in corporate, real estate, and commercial transactions for middle-market businesses; comparable in boutique positioning and transactional practice emphasis.
• Tressler LLP: Chicago-based mid-sized firm with business, real estate, and corporate transactional practices serving closely-held and middle-market companies, comparable in boutique positioning.
• Chuhak & Tecson, P.C. Chicago-based boutique law firm of similar size serving closely-held businesses, real estate matters, and corporate transactions; directly comparable in scale, geography, and practice mix to Ray & Glick.
• Levenfeld Pearlstein, LLC: Chicago boutique focused on corporate, real estate, and commercial transactions for middle-market businesses; comparable practice mix and client base to Ray & Glick.
• Aronberg Goldgehn Davis & Garmisa: Chicago boutique firm with comparable headcount offering real estate, corporate, and business organization services to middle-market and closely-held clients in the Chicago metro area.
• Howard & Howard Attorneys PLLC: Boutique firm with comparable size providing business, corporate, and real estate legal services to closely-held and middle-market clients across the Midwest.
• Lippes Mathias Wexler Friedman LLP: Multi-office boutique with strong corporate and commercial real estate practice serving middle-market and closely-held clients; similar boutique cost-effective positioning.

Broad incumbents

• SmithAmundsen LLC: Larger Midwest-based law firm with offices across multiple states offering full-service corporate, real estate, and business law practice that competes with Ray & Glick in similar matters at greater scale.
• Freeborn & Peters LLP: Established full-service Chicago firm with significant corporate, real estate, and commercial practice that competes with Ray & Glick for similar middle-market and closely-held business clients.

Regional players

• Leavens, Strand, Glover & Adler, LLC: Suburban Chicago boutique firm providing real estate, corporate, and business law services to local and regional clients; comparable in size and geographic profile to Ray & Glick.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ray & Glick Ltd