Choosing the Right Partner — Strategic Alignment Before the Paperwork

Episode Summary:
In this episode of Litigation and Capital, Steven Mirsky discusses the critical aspects of choosing business partners and structuring partnerships. He emphasizes the importance of formalizing agreements early, understanding personal alignment, and implementing proper legal structures to prevent future conflicts. The conversation covers family partnerships, risk management, and signs of potentially problematic partnerships.

Key Timestamps:
00:01 - Show Introduction
00:45 - Biggest legal mistakes founders make with partnerships
01:01 - Discussion on family partnerships and boundaries
03:08 - Managing misaligned risk tolerance and vision
04:57 - Signs of high-conflict partnerships
06:35 - Critical clauses in partnership agreements
08:30 - Facilitating tough conversations between partners
11:45 - Advice for founders uncertain about partner scaling
13:35 - When to involve legal counsel in partnerships

About the Show:
Litigation and Capital with Steven Mirsky breaks down high-stakes legal issues affecting companies earning $10M-$100M annually. Host Kevin Rosenquist and Steven Mirsky provide practical insights to help business owners protect their interests and turn complexity into leverage.

#BusinessLaw #Partnerships #LegalAdvice #BusinessStrategy