Partnership and LLP agreements

Although a written agreement is not required to form a business partnership or limited liability partnership, putting such an agreement in place is vital to avoid uncertainty in the way the partnership is run and difficulty in resolving potential disputes.

Without such an agreement, relevant UK law will also assume certain terms within the partnership, regardless of whether the partners are aware of these or agree to them.

A partnership or LLP agreement is a valuable tool to ensure the smooth running of your business and prevent disagreements. We can assist in drafting agreements between partners, covering issues including decision-making, drawings and expenses, management, meetings and retirement.

We can also review and update existing agreements, always ensuring that you are aware of the provisions they contain and assisting in your understanding of the partnership and any liability arising from the arrangement.

To find out more about how we can help you, please contact us on 01702 339222 or at commercial@btmk.co.uk