Tag Archives: Operating Agreement

What is an Operating Agreement?

An operating agreement is a contract that outlines how a Professional Limited Liability Company (PLLC) will function from its inception. It can diffuse potential disputes between members if the agreement addresses certain areas of concern for the PLLC.   For example, … Continue reading

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A Handshake Does Not Equal a Contract

Verbal agreements – unlike signed contracts – are not legally binding. When I’m asked by a client to review a contract – whether it’s an employment contract, a partnership agreement, an operating agreement or a buy/sell agreement – it’s very … Continue reading

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