Holland & Knight’s analysis of Illinois HB 5487 explains that the bill passed the Illinois General Assembly on May 31 and awaits Governor JB Pritzker’s signature.
Superlegal’s own site positions the company as an AI Law Firm for Builders, combining AI speed with expert attorney oversight, 24-hour contract review, flat and scalable pricing, and claims of up to 90 percent lower legal cost.
On May 31, 2026, the Illinois General Assembly passed House Bill 5487, restricting private equity and non-lawyer involvement in law firm management.
The Legal Services Board issued a public statement on May 6, 2026 confirming the SRA is currently subject to three concurrent statutory enforcement measures — Directions (May 2025), a Performance Target (March 2026), and a Public Censure (March 2026) — described as exceptional in the history of legal services regulation.