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What form of business organization should they consider

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A group of five friends from law school is planning to go into practice together after graduation. What form of business organization should they consider? What are the advantages and drawbacks of each form? Will the same sort of organization work as well for the friends after they have been in business for ten years? What sort of protections should the friends employ in case their legal business does not succeed?

Reference no: EM133231119

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