Perspective
Feb. 3, 2015
Forming a firm? Get it all in writing
Thinking about forming a law partnership? Take your own advice: clarify the issues, get it in writing and abide by the agreement. Your future self will thank you. By Patrick Monroe
Thinking about forming a law partnership? Two or more lawyers may join together to engage in the practice of law via a general partnership, a limited liability partnership or a professional corporation. Each entity has its own requirements, but generally they all present the same issues for lawyers to consider.
A general partnership is formed when two or more persons carry on as co-owners in a business for profits, whether or not the ...
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