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Shoutout to the $4,100 number that finally made me get a real operating agreement
After a partner split turned into a two month fight over who owned the client list and the LLC paperwork we filed in 2021 had nothing in it about that, I sat down with a small biz lawyer in Sacramento who quoted $4,100 for a proper operating agreement and buy sell terms, and I wrote the check that day because losing the whole book of business was going to cost way more.
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derek_lee15d ago
Paying $4,100 hurts but you did the right thing. Here is where I see it different though. Most people wait until the fight starts, then no lawyer can fix it cheap. The papers only help if you sign them while everyone still likes each other. After the split, the other guy has zero reason to sign anything fair. So the real win was writing that check before the next partner came along, not after.
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