At LMB Partners, we understand that successful business partnerships are the cornerstone of many thriving enterprises. A well-drafted partnership agreement is crucial for establishing clear terms and preventing potential disputes. Our team of experienced attorneys specializes in creating customized partnership agreements tailored to meet the unique needs of your business.

Our Services

Partnership Formation

Setting the foundation for a strong partnership starts with a comprehensive agreement. Our services include:

• Drafting Partnership Agreements: Crafting detailed agreements that outline each partner's rights, responsibilities, and contributions.

• Structuring Partnerships: Advising on the optimal structure for your partnership, whether it be general, limited, or limited liability.

• Negotiating Terms: Facilitating discussions to ensure all partners agree on key terms and conditions.

Partnership Disputes

Disputes can arise even in the most well-intentioned partnerships. We provide:

• Mediation and Arbitration: Offering alternative dispute resolution methods to resolve conflicts efficiently and amicably.

• Litigation: Representing your interests in court if disputes cannot be resolved through negotiation or mediation.

• Breach of Agreement: Addressing issues where a partner fails to comply with the terms of the partnership agreement.

Exit Strategies and Dissolution

When a partnership needs to end or a partner wishes to exit, we assist with:

• Buy-Sell Agreements: Establishing terms for the buyout of a departing partner's interest.

• Dissolution Agreements: Guiding the dissolution process to ensure a fair and orderly wind-up of the partnership.

• Valuation of Partnership Interests: Assisting in the valuation process to determine the fair market value of a partner’s share.

Ongoing Advisory Services

Maintaining a healthy partnership requires continuous oversight and advice. We offer:

• Periodic Reviews: Reviewing and updating partnership agreements to reflect changes in the business or legal landscape.

• Conflict Resolution: Providing ongoing support to resolve minor disputes before they escalate.

• Compliance: Ensuring your partnership remains compliant with applicable laws and regulations.

Why Choose Us?

• Expertise and Experience: Our attorneys have extensive experience in drafting and negotiating partnership agreements across various industries.

• Tailored Solutions: We understand that each partnership is unique. Our solutions are customized to fit the specific needs and goals of your business.

• Proactive Approach: We aim to prevent disputes before they arise by addressing potential issues in the initial agreement.

• Client-Centered Service: Your success is our priority. We provide clear, consistent communication and dedicated support throughout our engagement.

Contact Us

For comprehensive legal support in forming, managing, or dissolving a partnership, LMB Partners is here to help. Contact us today to schedule a consultation and discover how we can assist in creating a strong, enduring partnership for your business.