A substantial portion of this course will be devoted to understanding how an attorney decides which entity to form for a particular business or transaction and, understanding critical provisions in an entity’s governing documents. It will also cover the formation, features and functions of LLCs, general partnerships, and limited partnerships. The focus is on business planning, recognizing business and legal objectives and selecting the appropriate entity to accomplish these objectives. This course is a prerequisite (or co-requisite) for participation in the Small Business Clinic.
