My partner and I are software developers. We have formed an LLC and are starting to take consulting gigs. We have spent most of our careers at larger companies and have never been involved with legal contracts. We plan to speak to a lawyer to help us craft a base contract but we also want to do our homework so that we may choose the right lawyer.
- Is it possible to limit liability if we get sued?
- We develop and sell software separately from our consulting and are concerned that we may be wrongly accused of stealing ideas. Is this a valid concern? If so, how should this be addressed?
- Are there any other things that we should make sure to cover (besides our hourly rate) in the contract?
Thanks in advance for your help.