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In this ILAC assignment I have given you the 1. Issue section so you need only complete the 2. Law and 3. Analysis and Conclusion

In this ILAC assignment I have given you the 1. Issue section so you need only complete the 2. Law and 3. Analysis and Conclusion sections You are the president of a large steel manufacturer and all of your corporation's legal work is done by one of the largest law firms in the country, Osman & Co. Your company regularly relies on opinions from Osman & Co in making million-dollar business decisions. You have never worried about receiving bad advice from the firm because, if the firm was negligent and gave the wrong advice, the firm's insurance and the personal assets of its partners would be available to satisfy any judgment in your favour. Today, you receive an email announcement that Osman & Co is becoming a limited liability partnership. Issue: What concerns does the President have about this change and what might they DO?

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