Forming a Texas Limited Liability Partnership

A limited liability partnership is a variation of a limited partnership with modified liability consequences. The partners in a limited liability partnership are not individually liable, in certain circumstances, for debts and obligations of the partnership arising from errors, omissions, negligence, incompetence, or malfeasance committed by other partners in the course and scope of partnership business, so long as the partner(s) committing such act was not under the supervision or direction of the partner seeking to shield himself from liability. The limitation of liability does not protect a partner who directly participated in the wrongful act or who knew or should have known of the wrongful act at the time it occurred. Additionally, the limitation of liability only applies to the causes of action that are described above. Finally, the limitation of liability does not protect the assets of the partnership.

Limited liability partnerships are highly customized and tailored to specific circumstances; therefore, an hourly rate of $160 will be charged for legal services. We will provide you with an estimate of the fees before we begin any legal work.

What You Need to Get Started

Contact Us and make an appointment for a preliminary consultation which may be conducted in person or by telephone.
At the preliminary consultation we will answer any questions you may have about forming your business.
Submit your Limited Liability Partnership information online.
We will contact you when the final documents have been prepared, which should be within 10 business days after you submit your Texas Limited Liability Partnership information online.