495: Listen and Learn -- Partnership Liability

495: Listen and Learn -- Partnership Liability

Author: Alison Monahan and Lee Burgess - Law School Toolbox, LLC March 17, 2025 Duration: 20:39

Welcome back to the Law School Toolbox podcast! This is the second installment of our episodes on partnerships. Previously, we covered the creation of the three main types of partnerships – general partnerships, limited partnerships, and limited liability partnerships. Today we will focus on the power and liability of partners in a partnership.

In this episode we discuss:

  • Authority of partners in a partnership
  • Liability of partners in different partnership types:
    • General partnership
    • Limited partnership (LP)
    • Limited liability partnership (LLP)
  • Applying the rules to two hypos from previous California bar exams

Resources:

Download the Transcript 
(https://lawschooltoolbox.com/episode-495-listen-and-learn-partnership-liability/)

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Thanks for listening!

Alison & Lee


Navigating law school, the bar exam, and a legal career is a marathon with unique challenges at every stage. The Law School Toolbox Podcast: Tools for Law Students from 1L to the Bar Exam, and Beyond serves as a companion for that entire journey, offering concrete strategies rather than abstract theory. Hosts Alison Monahan and Lee Burgess, both seasoned experts, draw from their extensive experience to dissect academic hurdles, career planning, and the personal adjustments required in the legal world. Their conversations are direct and packed with actionable advice, whether they're breaking down effective study techniques, demystifying the bar exam process, or discussing the realities of different legal practice areas. This isn't about passive listening; it's about equipping you with a usable toolkit. While their opinions are strong and sometimes provocative, the dialogue is always grounded in a practical desire to help. Tuning into this podcast feels like getting straightforward counsel from mentors who have been through it all and remember what actually matters. You'll find episodes addressing everything from outlining and exam preparation to networking and maintaining well-being under pressure. Alison and Lee ensure each discussion cuts to the chase, making the often-opaque path from student to lawyer a bit clearer and more manageable.
Author: Language: English Episodes: 100

The Law School Toolbox Podcast: Tools for Law Students from 1L to the Bar Exam, and Beyond
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