Top 7 of 7 law firms for General Partnerships, Company Law | Taunton, Somerset
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A general partnership is a business carried on by two or more people who share profits and losses. A solicitor helps draft a partnership agreement, sets out each partner’s rights, duties and liabilities, advises on borrowing, admission or removal of partners, and assists with dissolution or winding up of the partnership. They review partner authority, potential conflicts of interest, and the tax and regulatory implications for the partners and the firm.
