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Partnership Agreements & LLPs

If you are a professional services firm or GP practice looking for specialist legal advice in relation to Partnerships and LLP structures and agreements, our Corporate solicitors are on hand to help.

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Partnership Agreements & LLPs

Partnership agreements are vital. Without one, the provisions contained in an Act dating back to the 19th century will apply by default. Some of these provisions are outdated and in any case this Act does not cover all aspects of running a modern-day partnership.

Limited Liability Partnerships (LLPs), which are viewed as a more modern partnership structure providing the benefit of limited liability, are also subject to default provisions if there is no LLP agreement in place.

Our Corporate team can help you prepare a partnership or LLP agreement which avoids the uncertainty of default provisions applying and which details the rights and obligations each partner has to the business; structures the relationship in a way to suit the business; and sets out how the business is to be run. They also provide a clear process on how to deal with new and exiting partners and with disputes amongst the partners.

We offer:

  • Advice on different partnership options
  • Assistance on converting from a traditional partnership to an LLP
  • Clear and workable partnership or LLP agreements
  • A step-by-step walk through of the process

Contact our Corporate solicitors in Bristol or London

Let’s talk. You can call us on 0117 906 9400 or email hello@gl.law for further information from our corporate solicitors in Bristol and London. Alternatively, please complete our contact form

 

 

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