Practical Law
LLC agreements at your fingertips
Setting your client up for success
Limited liability companies (LLCs) gain in popularity every year. They offer flexibility for many clients who are forming entities, combining the liability protection of a corporation with the tax benefits of a partnership.
Practical Law gives you access to comprehensive LLC agreements, with informative notes to guide you at every stage of drafting and negotiation. It can help you:
- Document private agreements among LLC members
- Supplement or alter the default rules set out in the state’s LLC laws
- Define the company's management structure
- Describe how the company's profits are allocated and distributed
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Practical Law resources are supported and updated by more than 280 attorney-editors. It’s easy to execute a comprehensive LLC agreement when you have access to up-to-date tools such as:
- Standard documents and clauses, expertly written to speed up your legal drafting process and give you the peace of mind that your work is rock-solid
- Checklists to show you the path and get you started quickly with all the necessary steps to serve your clients, such as the LLC Agreement Checklist
- Informative Practice Notes specifically related to your task, like Fiduciary Duties in LLCs and LPs
- Hundreds of other assets related to LLCs
Having the right tools and resources is a big part of the equation to your daily challenges. With Practical Law, you have, at your fingertips, thousands of maintained relevant resources you can trust to deliver your best work in less time and with less effort.
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