GOING INTO BUSINESS WITH A PARTNER WITHOUT A LEGAL AGREEMENT IS HOW FRIENDSHIPS END.
Ownership splits, decision authority, buyout terms — what you don't write down today becomes a dispute tomorrow.
Save thousands on business formation legal fees — attorney access at one flat monthly rate.
General partnerships can form accidentally — even without any signed documents.
Without a clear partnership agreement, state default rules govern everything from profit splits to what happens when a partner dies or wants to leave. Those rules rarely match what the partners actually intended.
A legal plan gives you access to a business attorney who drafts a proper partnership agreement that protects everyone involved.
A business partnership — whether a general partnership, limited partnership, or LLP — is a legal relationship with real financial and liability consequences. The partnership agreement defines each partner's ownership percentage, capital contribution, profit share, management authority, and what happens if a partner wants to exit or the partnership dissolves.
A legal plan connects you with a provider attorney who drafts a partnership agreement that reflects what the partners actually intend — not what state law defaults to when there's no agreement in place.
Legal Plan Benefits
Build your partnership on a legal foundation that protects every partner — without paying full law firm rates
Get a custom partnership agreement drafted by a licensed attorney that covers ownership percentages, capital contributions, profit allocation, decision-making authority, and exit procedures.
Define clearly what each partner contributes, what each partner owns, and how profits and losses are allocated — so there's no ambiguity when it comes time to distribute earnings.
Establish which decisions require unanimous partner approval, which can be made by a majority, and who has authority to act on behalf of the partnership in day-to-day matters.
Include buyout provisions, deadlock resolution mechanisms, and partner exit procedures that protect the business and every partner if a conflict arises.
Understand the differences between general partnerships, limited partnerships, and LLPs — and which structure provides the right combination of liability protection and management flexibility.
Replace unpredictable attorney fees with a flat monthly plan — so legal costs never catch your business off guard.
From choosing the right entity type to drafting the agreement that governs every aspect of the partnership relationship, a provider attorney protects every partner.
Draft a comprehensive general partnership agreement covering capital contributions, profit and loss allocation, management authority, banking authority, and the procedures for admitting new partners or dissolving the partnership.
Get guidance on limited partnership structures — defining the roles and liability exposure of general and limited partners — or LLP agreements that provide partner liability protection.
Include clear buyout provisions, valuation methods, and exit procedures that define what happens when a partner wants to leave, dies, becomes incapacitated, or is forced to exit.
Get legal guidance on admitting new partners, changing ownership percentages, handling capital calls, and documenting equity changes correctly as the partnership evolves.
From the initial formation to adding partners and eventually dissolving the business — having proper legal documents at each stage protects everyone involved.
Forming a partnership correctly from the start costs a fraction of what it costs to resolve disputes that arise from a poorly documented or undocumented partnership.
Every time ownership changes, the partnership agreement needs to be updated. A provider attorney handles this correctly so there's no ambiguity about who owns what going forward.
Partnership disputes and dissolutions are far cleaner when there's a properly drafted agreement to guide the process. Without one, state law fills the gaps in ways partners rarely prefer.
Draft
Protect
Adapt
Who This Is For
Designed for business partners, co-founders, and investors forming a partnership who need proper legal documentation without paying law firm formation rates
For two or more people forming a business together who need a partnership agreement that clearly defines ownership, authority, and what happens if the relationship ends.
For contractors and service providers forming a joint venture or partnership to take on larger projects who need a clear legal framework for the relationship.
For doctors, lawyers, accountants, and other professionals forming a practice partnership who need an agreement that addresses both business and professional obligations.
For family members going into business together who need a formal agreement that protects both the business and the family relationships behind it.
For business partners who have been operating without a formal partnership agreement and want to document their arrangement before a dispute forces the issue.
Best suited for those who need real legal help without paying high hourly attorney rates for every question or issue that arises.
Step 1
Tell us about your legal needs so we can match you with the right plan and provider attorney.
Step 2
A legal plan representative will reach out and help you get access to a provider attorney at an affordable monthly rate.
Step 3
Get connected with an experienced attorney for guidance, document review, and ongoing support — by phone or online.
Affordable legal protection for business owners who need real attorney access without traditional law firm costs.
Contact NowA partnership without an agreement is governed by state law — not by what you agreed to
Every Partnership Needs Rules.
Write Them Before You Need Them.
Most business partnership disputes stem not from bad intentions but from things that were never discussed — or discussed but never written down. A properly drafted partnership agreement anticipates the hard situations and provides a roadmap for resolving them without destroying the business or the relationship.
A legal plan gives you a provider attorney on call — at a flat monthly rate that makes legal protection practical for every business.
Check EligibilityPartnership agreement drafting, review, and related formation legal matters are covered under the plan. For complex multi-partner structures, limited partnership formations, or significant restructuring, receive discounted legal services.
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Contact NowTestimonials
Real partners. Real partnership results.
After three years in business together, my partner decided she wanted to exit. Because our provider attorney had drafted a partnership agreement with a clear buyout provision and valuation method, the whole process was handled without attorneys fighting over what the terms should have been. We valued the business, I bought her out, and we both moved on without litigation.
My business partner and I had very different ideas about who would be making day-to-day decisions. Our provider attorney helped us draft an agreement that clearly defined our respective authorities — what I could decide alone, what he could decide alone, and what required both of us. That clarity prevented at least three arguments in the first year.
When we decided to bring in a third partner, our provider attorney drafted the admission amendment, defined the new equity split, and updated our profit allocation provisions. The whole process was clean because we had a proper agreement in place that explained how to handle it. No disputes, no ambiguity.
My business partner and I had been operating as an informal partnership for two years. Our provider attorney explained that without a formal agreement, we were both personally liable for the other's actions on behalf of the business. We drafted a proper partnership agreement and converted to an LLP to add liability protection. I had no idea how exposed we were.