November 22, 2014
You’ve probably heard all the usual reasons why a partnership agreement should be in writing: memories are fallible; it helps you plan your business better; you can set out your exit strategies. In short, you choose what you want to have happen, rather than leaving it up to the default provision that state law provides. But here’s another one I came across: a court could find that your partnership didn’t exist! Yes, indeed. A Texas Appellate Court recently faced the following facts in Torres v. Kelley, No. 13-04-313-CV, 2007 WL 528849 (Tex. App.-Corpus Christi Feb. 22, 2007): [Kelly and Torres] had drafted a written partnership agreement that they never signed and which stated that a partnership would be created upon execution of the agreement. There was also evidence of some type of verbal, profit sharing arrangement, but it was undisputed that Torres did not have access to the business’s finances . . . . Upon the parties’ falling out, Torres had taken some assets from the business and sold them under the name of a…
Continue ReadingI used to get so angry when things wouldn’t work out with a client. You know the type: they get themselves into a mess well before they even come to you and then expect you…
Read MoreListen to the Episode Below: Do you want to be right or be successful? Today’s guest, Jean Otte, knew from the beginning that her business wasn’t all about her – it was bigger than her,…
Read MoreLast month, I had breakfast with two colleagues. We talked about our plans and business growth . . . and have been checking in with each other periodically over the past few years. The disparity…
Read More
I know first-hand that running a knowledge-based service business has unique challenges. It’s so much easier when you have an advocate in your corner. Over the past 25 years, I’ve worked with thousands of New York business professionals who want a legal advisor to guide and support them as they navigate the business world.
With wide-ranging experience as a business attorney, strategist, and media authority, I bring the added power of a business lens to the legal issues my clients are facing.
And because I’ve been a business owner myself, I’ve lived through the soaring highs and devastating lows – like when my first law firm failed. So I understand what’s involved to serve great clients, detect business risks early and build a true legacy.
I can’t get those 12 years back. That’s why I have made it my mission to ensure that business professionals like you can become wise and discerning leaders, build a solid business, and live your best life.
