Friday, July 1, 2011

BUSINESS AGREEMENTS - ASSEMBLING THE RIGHT TEAM

Business agreements run the gamut of subject matter from employer/employee relations, to shareholder issues, business governance, distributorship of products, relationships with vendors - the potential subject matter is almost endless. Your Nevada business lawyer is the appropriate first stop in the consultation and preparation of the various business agreements that your enterprise will need in conducting its business, but realize that assembling the right team of professionals to collaborate in the generation of a properly functioning and enforceable agreement is essential.

For example, most good partnership or buy-sell agreements address succession in the business among principals. Insurance is a tool widely used to fund various succession plans. Involving an insurance professional in the generation of this agreement ensures that it functions as intended from the beginning, thereby avoiding costly amendments, or worse, ambiguous situations in the future.


Business valuation and buy-out agreements will necessarily require the involvement of accountants and other financial professionals. When considering international relationships as a business takes its enterprise global, distributorship and other agreements that cross national boundaries must consider the laws of each jurisdiction involved. This necessitates the involvement of lawyers and other professionals in those jurisdictions. If a company is moving its principals or key employees to another country to facilitate global expansion, or bringing skilled employees in from other areas of the world, immigration counsel must be involved every step of the way.


Global Business Lawyers maintains an extensive network of attorneys in every discipline around the world, as well as a network of other professionals needed to facilitate soundly functioning business transactions. Assembling the right team at the outset of a project guards against unwanted time, expense and ambiguities at critical points in the future.

Disclaimer: This web site is designed for general information only. The information presented at this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. If you have questions or need specific advice relating to the matters contained herein, please contact Lovaas & Lehtinen, P.C.