Partnership Agreements
Put partnership roles, profits and exit arrangements in writing with agreement advice from solicitors in Billericay, Essex.
About Partnership Agreements
Partners may agree on the business idea while holding different expectations about work, money and control. A written agreement can address contributions, profit sharing, decisions and retirement. The legal structure matters: an ordinary partnership and a limited liability partnership have different characteristics.
Key Points
- Record financial contributions and responsibilities.
- Agree how decisions and disagreements will be handled.
- Plan for retirement, incapacity and the admission of new partners.
How We Can Help
We help translate the agreed business arrangements into clear legal terms. We review the proposed structure and explain the effect of the agreement, including provisions for a change in partners or an orderly separation.
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Contact our corporate & commercial team for specialist advice on your partnership agreements matter.