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Pelzer and Salisbury, LLC
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Why "Form" LLC Operating Agreements Are Usually Not Modified |
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When I organized Form LLCs I did not modify the form LLC Operating Agreements. The following quoted paragraph (from an article written for attorneys by the law firm of Hartley & Hartley which I found on the Internet at that firm's web site) is a good summary of why. |
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There is a useless lawsuit in every useless word
and every loose, sloppy phrase plays the part of the typhoid carrier. Elihu Root (longtime friend of Teddy Roosevelt, Secretary of State, and "lawyer without peer"), The Laymans Criticism of the Lawyer 39 American Bar Association Report 386, 395 (1914). |
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