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Help with business contract

  • 12-01-2015 2:33pm
    #1
    maryfiore
    Closed Accounts Posts: 16 ✭


    I`m actually just wondering if to get a contract written up for a Limited Liability Company between a friend and I, if I can go to any solicitor or if it needs to be one in a specific area of law.


    Thanks!


Comments

  • #2
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    Go to a solicitor.

    If it goes wrong and the contract is written by someone who doesn't know what they are doing you could end up in court spending thousands in legal fees to sort it out.


  • #3
    maryfiore
    Closed Accounts Posts: 16 ✭maryfiore


    Yes I know I need a solicitor haha what I`m asking is, is ANY solicitor able to do this or does it need to be one who works in a certain area of law. Thanks


  • #4
    Mr. Incognito
    Registered Users, Registered Users 2 Posts: 9,798 ✭✭✭Mr. Incognito


    ANY solicitor should be able to do it.

    The ones that specialise in it will probably charge you more but it will be a superior quality contract.

    If the company is a start up go to a general solicitor.

    If you are operating in thousands of turnover then go to a specialist.


  • #5
    the world wonders
    Registered Users, Registered Users 2 Posts: 489 ✭✭the world wonders


    There are services that will set up a limited company for you for a few hundred quid -- google for "company formation". If you don't have any unusual requirements and if there isn't a massive amount of money involved then this is sufficient.

    Edit: assuming that by "contract for a Limited Liability Company" you mean company formation, if it is some other kind of legal agreement related to a company then by all means you should go to a solicitor.


  • #6
    MarkAnthony
    Closed Accounts Posts: 6,934 ✭✭✭MarkAnthony


    Check out various things like chambers of commerce etc. I've been invited to intern (read do the photocopying) at various events where solicitors have gone along to volunteer services to business start-ups.

    Networking, it's all about networking.


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  • #7
    maryfiore
    Closed Accounts Posts: 16 ✭maryfiore


    Thanks everyone. I actually have about 10 guys in the field who have offered their services to me for free in the past (customers of mine) but wasnt sure which one of them to approach with this. Thanks!


  • #8
    nuac
    Registered Users, Registered Users 2 Posts: 6,769 ✭✭✭nuac


    A solicitor experienced in such matters will run thru a checklist with you of matters to be decided/considered for the particular transaction being considered.

    There are numerous precedents about, but it is better to concentrate on matters to be decided than just adopting or adapting a precedent.

    To put it another way, you can buy a suit by email, or have it made to measure.

    If you are going into business with another person via this company, it is essential to have a prior written agreement


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