Jeffrey S. Raphaelson is a trial lawyer with over twenty years experience resolving... more
Jeffrey S. Raphaelson is a trial lawyer with over twenty years experience resolving business disputes and complex, serious personal injury matters. Mr. Raphaelson focuses his commercial litigation practice on breach of fiduciary duty, breach of contract, unfair and fraudulent business practices, and insurance disputes. His personal injury practice concentrates on catastrophic injury and wrongfu... view profile
Sofia S. Lingos, Esq. is the principal and founding attorney of Lingos Law, a... more
Sofia S. Lingos, Esq. is the principal and founding attorney of Lingos Law, a boutique business law firm located in Boston, MA representing small businesses and entrepreneurs in forming, financing, protecting, maintaining and expanding their ventures. Attorney Lingos is also an adjunct professor at Northeastern University School of Law, where she teaches a course on Law Practice Management and... view profile
A partnership is created when people pool resources and join together in business. There are several types of partnership agreements: 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 decision-making. In a limited liability partnership (LLP), all partners have some degree of limited liability. In a limited liability company (LLC), a shareholder is not personally liable for any of the debts of the company, other than for the money they invested in that company. An attorney experienced with partnership agreements will help you decide whether a partnership is a good idea for your business, and which type of agreement would be best for you. Partnership lawyers will also make sure your partnership agreement accurately describes each partner's rights and responsibilities.