PIP (partners' interests in the partnership) allocations are very commonly used in partnership agreements. 1 For this reason, Investors and managers should understand the basics of PIP allocations and ...

Private practices in the health care industry, including those owned by physicians, dentists, and other health care professionals, operate in a unique and highly regulated environment. In such an ...

Does your law firm have a signed partnership agreement among the partners ? Many law firms do not. Despite the fact that attorneys routinely advise their clients to "get it in writing," many lawyers ...

Opinions expressed by Entrepreneur contributors are their own. Partnerships in business are a dynamic and powerful way to propel a venture forward. They combine the strengths and resources of ...