Find Top Rated Business Formation Lawyers for your case

Business formation law covers creating and structuring new companies, including choosing the right entity type, allocating ownership, and documenting relationships among founders and investors.

1. Selecting an entity type (LLC, corporation, partnership, etc.)
2. Determining ownership percentages and voting rights
3. Drafting operating, shareholder, or partnership agreements
4. Addressing intellectual property, capital contributions, and founder roles

• Using generic online forms that do not match the venture
• Misaligning equity splits or vesting schedules
• Handling initial funding, debt, or investor arrangements
• Registering in multiple states or handling foreign qualification
• Protecting trade secrets, trademarks, and other intangibles from day one

Attorneys guide owners through entity selection, governance documents, and compliance checklists so the company launches on solid footing and is ready for growth.

• Preparing charters, bylaws, and operating agreements
• Setting up capitalization tables and founder vesting
• Filing formation documents and obtaining EINs
• Drafting founder, advisor, or early employee agreements

Consult counsel before you accept money, bring on partners, or launch products so the structure, ownership, and risk allocation are clear.

• You and co-founders are forming a new venture
• You are converting a sole proprietorship into an LLC or corporation
• You want to grant equity to employees or advisors
• You plan to operate in multiple states or internationally

LexPair connects you with startup and corporate attorneys who regularly form companies and guide founders through early legal decisions.

Formation projects are often flat-fee or packaged, with additional hourly work for custom governance or financing documents. Expected costs include:

• Flat fees for entity formation and foundational documents
• State filing and registered-agent charges
• Hourly fees for bespoke equity structures or investor negotiations