Need a contract review, LLC doing subcontracting for a equity trading systems firm

Even though there’s no true ‘question’ here, I did want to comment just so you’ve got an idea what you’re looking for in these types of contracts.  If I understand correctly, you’re part of the LLC that is the software developer and your LLC is being subcontracted by the equity trading firm to do some work for them.  You are absolutely correct in wanting the contract reviewed and possibly modified.  With software development work you want to make sure you have provisions protecting your work as well as anything “new” you might develop.  That is, if you invent a great new process that you could potentially use again and again, you need to know whether you’ve contracted that right away or not.  You want to make sure you know exactly what other projects you can or can’t work on (is there a non-competition provision?).  These tend to be some of the most important from the software side.  If you’re the one doing the contracting of the software developer, those are important, but you’re looking to protect yourself from third party infringements as well as making sure all confidential information stays that way.  Make sure your attorney explains the provisions to you and that you understand exactly what is being said.  Unfortunately, many of these “standard” contracts are written in so much legalize that they make it impossible to determine what’s going on without having a law degree.  It doesn’t have to be that way.  When you walk away, you should know exactly what the contract says.