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This work covers drafting and negotiating partnership agreements for businesses that operate as partnerships or intend to form one, including general partnerships, limited partnerships and LLPs. A solicitor in this area drafts the partnership deed, sets out profit sharing, decision making, roles and dissolution provisions, and addresses change of partners, admission of new partners and conflict management. They also advise on governance, dispute resolution, and compliance with relevant partnership and company rules, ensuring the arrangement reflects commercial aims and risk allocation.
