Civil Litigation and Divorce Attorney with Offices in NY, NJ, & PA Licensed in Ten States- Call Now
Practice areas & skills: Partnership, Divorce & Separation, Lawsuits & Disputes, General Practice, Alimony
Review: “Vicky is very bright and articulate. She has amazing listening skills which help her get to the bottom of the issue. I have sought Vicky's advise on multiple occasions and always came impressed with her depth of knowl...
Practice areas & skills: Partnership, Litigation, Insurance, Employment & Labor
Practice areas & skills: Partnership, Business, Intellectual Property, Litigation, Probate
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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.