In 1967, I graduated from Harvard University. For 6 years I taught high school math... more
In 1967, I graduated from Harvard University. For 6 years I taught high school math in Baltimore. In 1975 I received a Juris Doctor degree Magna Cum Laude from Indiana University in Bloomington. For 10 1/2 years I worked for the U. S. Securities & Exchange Commission in various positions including 3 years in the Commission's Office of the General Counsel. In 1993, after working for several ... view profile
Rob Morrow is currently of counsel to the law firm Broedlow Lewis, LLP. He has also... more
Rob Morrow is currently of counsel to the law firm Broedlow Lewis, LLP. He has also been a visiting associate professor of law at the Dale E. Fowler School of Law at Chapman University, where since 2003 he has taught such courses as Partnership Taxation, S Corporations, Taxation of Business Organizations, Federal Income Tax (JD and LLM), and Closely-Held Businesses. Prior to becoming a visitor ... view profile
Creating a limited liability company, or LLC, is one of several ways to structure a business. The other choices are general, limited, or limited liability partnerships. A shareholder in an LLC is not personally liable for any of the debts of the company, other than for the money they invested in that company. In a general partnership, all partners manage the business and are personally liable for its debts. In limited partnerships, partners' liability is limited and they have no voice in the decision-making. And in a limited liability partnership (LLP), all partners have some degree of limited liability. A lawyer with LLC experience can help you determine if forming an LLC is advantageous and appropriate for your business. If you decide to form an LLC, the attorney can draft the paperwork you need to formalize your choice, including provisions for management, ownership transfers, and profit and loss distributions.
Limited Liability Company (LLC) Lawyers in cities near Torrance, CA