If you are starting your own business, you may be weighing the type of entity you should choose. One of those options is the corporation, but what type is best for you?
If you're thinking about starting a business, you have probably heard about the limited liability company, or LLC. It is a popular type of business entity for several reasons. First, it protects your personal assets from being used to pay business losses or other liabilities. Second, it allows pass-through taxation to the owners ("members") of the LLC.
The 2019 Litigation Trends Annual Survey from the law firm Norton Rose Fulbright came out recently. This is a survey of corporate counsel on topics such as litigation risks and the most effective ways to reduce them.