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Employment Agreement between Professional Corporation and Attorney

State:
Multi-State
Control #:
US-134095267A-BG
Format:
Word; 
Rich Text
Instant download

Description

Statutes in many jurisdictions provide for professional corporations, thus permitting individuals who are licensed to practice a profession to form a corporation for the practice of that profession. Among the reasons generally given for the enactment of these statutes were to enable professionals to take advantage of various tax provisions available to a corporation and its employees but not to self-employed persons or partnerships and to gain other benefits, such as limited-liability of the shareholders and continuity of life of the entity. As a statutory creation, a professional corporation has no rights outside the four corners of enabling statute.

An Employment Agreement between Professional Corporation and Attorney is a written contract that outlines the working relationship between a Professional Corporation and an Attorney. It will include the scope of work, terms of employment, compensation, and other important details concerning the employment relationship. This type of agreement is typically used when a Professional Corporation hires an Attorney to provide legal services. The agreement will include the following information: 1. The scope of work: this includes a detailed description of the services the Attorney will provide to the Professional Corporation. 2. The terms of employment: this includes the duration of employment, the hours of work, and any other conditions of employment. 3. Compensation: this includes the amount of compensation to be paid, frequency of payments, and other details concerning compensation. 4. Confidentiality: this includes the confidentiality of information shared between the Professional Corporation and the Attorney. 5. Termination: this includes the terms and conditions of termination, including the notice period and any severance pay. Different types of Employment Agreement between Professional Corporation and Attorney include: 1. Part-time Employment Agreement: this agreement outlines the terms and conditions of part-time employment, including the duration of employment and the hours of work. 2. Full-time Employment Agreement: this agreement outlines the terms and conditions of full-time employment, including the duration of employment and the hours of work. 3. Permanent Employment Agreement: this agreement outlines the terms and conditions of permanent employment, including the duration of employment, the hours of work, and the terms of termination. 4. Non-compete Agreement: this agreement outlines the terms and conditions of non-compete clauses, which prohibit an Attorney from working for a competitor while employed by the Professional Corporation.

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FAQ

A written employee agreement offers a more thorough listing of employer-employee rights, rules, and obligations. With a written contract, the employer may agree to work at the company for a specific period of time. The employer may also agree to retain the employee for a specific period of time.

An employment contract is an enforceable agreement between two parties that contains whatever terms and conditions of employment the parties agree upon and, when accepted, becomes controlling upon the employment relationship.

The employment contract lays out the terms for employment and, because it's legally enforceable, protects both parties. You may want to use an employment contract if: You're hiring a new employee, and you want them to understand their duties and responsibilities.

Oral contracts are just as enforceable as written contracts, but much harder to prove. If there's a dispute, it will be your word against the employer's. Like a written contract, an oral contract might be for at-will employment or it might limit the employer's right to fire.

A contract of employment (or employment contract) is an agreement or term of hire that is extended from an employer to an employee to set the terms and conditions of their employment. While usually a written document, these agreements can also be verbal.

Once an employment contract is made, it is binding on both the employer and the employee. This means that if either party fails to perform as promised in the contract, then that party can be held legally responsible in court.

An employment contract is a legally binding agreement between an employer and employee used to define the working relationship. You can use one to outline the employee's role and responsibilities within the business as well as to outline their compensation and any benefits they might receive.

Write the contract in six steps Start with a contract template.Open with the basic information.Describe in detail what you have agreed to.Include a description of how the contract will be ended.Write into the contract which laws apply and how disputes will be resolved.Include space for signatures.

More info

A lawyer for employment agreement helps with the statutory contract specifying a formal association between an organization and a new worker. A lawyer for an employment contract is legal counsel who helps people with the drafting, review, or negotiation of an employment contract .Executives need their own lawyer to review any employment agreement. Contact attorney Ruth Major at 312-893-7544. Hiring a lawyer can show your employer you are serious. Our attorneys are seasoned contract negotiators and can help make sure you get the deal you deserve. Get a free, customizable Employment Agreement with Rocket Lawyer in minutes. View sample documents and get free legal help with your Employment Agreement. Our executive employment agreement is the perfect way to attract and retain the top-tier executive talent that your business needs. An employee may want to enlist an attorney for negotiation assistance or dispute resolution.

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Employment Agreement between Professional Corporation and Attorney