Partnership agreement solicitors
Whether you’re starting a business with a friend, family member or professional contact, partnership agreements are essential to have in place to minimise the potential for disputes and issues arising in the future.
Setting you off on the right foot
A partnership agreement is a legal document that defines the nature of the partnership and the rights and obligations of each partner in the business.
Our partnership agreement solicitors work with you to fully understand the commercial aims of your venture and draft an agreement that gives you peace of mind and security.
Many businesses overlook putting a formal partnership agreement in place, even though it can help you safeguard your future if things don't go to plan.
Our solicitors can assist in drafting, reviewing, and negotiating the terms of your partnership agreement to ensure that all parties involved are protected and that the agreement reflects your objectives.
A partnership agreement will often address the following areas:
- Assets
- Duration of partnership
- Entitlements (annual leave, sick pay etc.)
- Financial obligations of the partners
- Indemnities
- Partnership capital
- Partnership roles
- Partnership profit and losses
- Property
- Resolving disputes
- Restrictive covenants
- Termination of partnership
- Work obligations
If you have an existing dispute without a partnership agreement in place, our solicitors can also act as a mediator to help resolve the issue.
We can advise on the legal options available, suggest ways to address the underlying problems causing the disagreement, and negotiate a mutually acceptable solution.
Contact our solicitors
With solicitors in London, Brighton, Bath, Eastbourne, Hastings, and Ulverston, our team works with businesses nationwide.
If you're thinking of venturing into business with someone, we'd be happy to advise you about all aspects of the process, including a partnership agreement.
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