When you are looking for a partnership contract lawyer Danbury, CT can rely on, call Sweeney Legal, LLC today. We know that whether you have a large business or a small business, having a partnership contract can ensure that you and your partner are on the same page. This means that your business will be on the right track in case any issues come up. Many people believe that if you are not being sued or do not have any big legal issues come, there is no need to have a business lawyer. However, a business lawyer can help with things that involve different business-related relationships, contracts, new clients, and more. If you are interested in seeing how a member of our team can help you, give us a call now.
What does it mean to have a partnership contract?
When you want to work with our business lawyer Danbury, CT offers, you know you are getting someone who has the information and tools necessary to help you and your partner with business-related needs. When you consult with our attorney about a partnership contract, it means you want to create a legally binding document that details and outlines the terms of your partnership. It may include things like:
What responsibilities each partner has
What duties each partner is expected to perform
What percentage of the company each partner owns
How disputes will be resolved among partners
Issues of losses or profits
What will happen if one of the partners is incapacitated or passes away
When you want to create a business partnership contract, you will want to make sure you have all of the bases covered, and trying to create this kind of contract without the help of an attorney can mean you are missing important information or may mean that the contract is not legally binding.
Why else should you work with an attorney?
Especially if you have decided to go into business with a close friend or a family member, you may think that jotting down a “contract” on a napkin or “shaking on it” will be as good as any other contract. However, many people are shocked to find out that when an issue comes up, these forms of agreements will not hold up. Your partnership contract attorney will make sure you will not lose out on a business you have worked hard to build.
Want to learn more about how we can help you and your business? Contact our Danbury, Connecticut business partnership contract lawyer today.