Attorneys disagreeing over LLC Operating & Partnership Agreement

[Alice Huang]

Hello BP!

Would love an insight on what is going on here...

My business partner has engaged an attorney for the LLC (not LP) to draft a "partnership" agreement.

I’ve passed the agreement to my attorney and she insists on:

1- my business partner downloaded a templates and drafted himself (which he did not)

2- the “partnership” agreement is incorrect and needs to be completely rewritten as it’s structured as a Limited Partnership Agreement

I am at a loss here because the attorney my partner engaged insists that she’s right and my attorney insists that the other attorney is wrong.

Any insight to whether or not this has happened to you?

Thank you.

Sincerely,

Alice

[Josh Caldwell]

Lawyers get paid by the billable hour. If they don't see a problem then they have nothing to bill you for. It is likely that one of these lawyers is trying to milk one of you. How about, you and your partner find a 3rd attorney to draft the document. If you cant agree on a lawyer, you might not survive as partners.