Question: This is an ILAC Assignment. It will be graded on the completeness and clarity of your answer and the depth of your thinking. Before submitting

This is an ILAC Assignment. It will be graded onThis is an ILAC Assignment. It will be graded on

This is an ILAC Assignment. It will be graded on the completeness and clarity of your answer and the depth of your thinking. Before submitting it, read your paper out loud to ensure it is coherent, logical, and understandable to the reader. Please run spell and grammar check on your assignment before submitting it. OBJECTIVE In no more than 2 double-spaced pages using a minimum font size of 12, provide an ILAC analysis of the case/scenario on the next page. Divide and clearly label your paper into the different sections needed. Avoid long paragraphs: "there are no strict rules about paragraph length, but most people would agree that more than five sentences is too long." https://getproofed.com.au/writing-tips/breaking-up-your-paragraphs-a-few-quick-tips/ 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 about it

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