When entering into a joint venture, you are forming a new entity, so hiring a lawyer to help you answer your legal questions about joint ventures, structure the deal, and craft the governance arrangement is critical. Your lawyer will generally want to understand your current relationship with the other party, whether you’ve done a deal like this with this party or any other parties in the past, and the purpose of the joint venture (integration of one product or service, research and development, production, marketing, etc.). You can learn more about important legal questions about joint ventures here.
Prepare for your first meeting or call with a corporate lawyer using Priori’s financing resources, including our joint venture worksheet. Using our joint venture checklist, you’ll be able to think through your legal questions about joint ventures in advance of your meeting with your lawyer. You can even send your joint venture worksheet directly to your lawyer, so your lawyer can prepare ahead of time and make your interaction as productive and cost-effective as possible. If needed, Priori can also connect you with a corporate lawyer in our vetted network who can assist you with your legal questions about joint ventures.