He is the 2012 recipient of the ISBA Section of General Practice "Tradition of Excellence" award. He is the Secretary and Vice-Chairman of the Institute for Illinois Business Laws, in which capacity he chaired the subcommittees that wrote both versions of the state Limited Liability Companies Act. He served as the 2007-08 Chairman for the Corporation, Securities, and Business Law Section Council of the ISBA, and is a 2012-2103 member of that Section Council. Mr. Price is a 2012-2013 member of the Administrative Law Section Council, for which he is general editor for the 2007 edition of the ISBA Handbook of Illinois Administrative Law, and edits the Section newsletter. He has also chaired that Section Council. His private practice includes business and administrative litigation, international and national transactions, and nonprofit entity law.