California Business Attorney – Review LLC Operating Agreement & Promissory Note

Posted 2 days ago

Only freelancers located in the U.S. may apply.U.S. located freelancers only

Summary

I'm a minority member (25%) and the full-time operator of a California limited liability company (formed 2025). I need an experienced business attorney to review two documents before I sign them: 1. A promissory note (~$50,000) documenting a loan from a related company to the LLC — covers principal, deferral period, interest rate, amortization, default terms, and personal-guarantee language. 2. A working draft of the LLC's operating agreement — covers member ownership percentages, capital contributions, a guaranteed payment to the managing member, management/signing authority, and a proposed mechanism for ownership percentages to change over time. Scope of work: • Review both documents (provided at engagement, along with a short written background summary) • Answer a prioritized list of specific questions I'll provide (signing authority under the LLC's management structure, tax-characterization risk, and recommended language) • Provide a written or verbal summary of key risks and suggested edits This is a fixed-fee engagement capped at approximately 2 hours of your time. Please confirm your hourly rate and whether this scope fits within that budget, or propose an alternate fixed price. Requirements: • Active law license in California (the LLC is formed in CA and both documents are governed by CA law) • Experience with LLC operating agreements, promissory notes/commercial loans, and small business or partnership matters • Comfortable working from a written background summary with a single follow-up call or written Q&A — no in-person meeting required

  • $500.00

    Fixed-price
  • Expert
    Experience Level
  • Remote Job
  • One-time project
    Project Type
Skills and Expertise
Mandatory skills
Legal Writing
Legal Research
Nice-to-have skills
Legal Consulting
Corporate Law
Activity on this job
  • Proposals:5 to 10
  • Last viewed by client:yesterday
  • Interviewing:
    1
  • Invites sent:
    2
  • Unanswered invites:
    0
About the client
Member since Aug 18, 2026
  • USA
    Moorpark 12:16 AM

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