PIP (partners' interests in the partnership) allocations are very commonly used in partnership agreements. 1 For this reason, Investors and managers should understand the basics of PIP allocations and ...

Opinions expressed by Entrepreneur contributors are their own. Partnerships in business are a dynamic and powerful way to propel a venture forward. They combine the strengths and resources of ...

When you enter a business partnership, it’s easy to get swept up in the possibilities of your new venture and overlook the chance that the partnership may not work out. Establishing a business ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. “If you want to go fast, go alone—if you want to go far, go together.” This proverb, when ...

Does your law firm have a signed partnership agreement among the partners ? Many law firms do not. Despite the fact that attorneys routinely advise their clients to "get it in writing," many lawyers ...

Save the Date! On November 7 & 8, 2024, the LLCs, Partnerships and Unincorporated Entities Committee of the ABA’s Business Law Section, a/k/a The Best Damn Committee in the ABA, is hosting its annual ...