Our cross-departmental partnership practice consists of fee earners from our employment and corporate departments.
Given the potentially emotional nature of many partnership disputes, which are often likened to divorce, the LLP and partnership clients and individual partners whom we advise welcome the expertise and hands-on support they receive from this highly rated partner led team.
We act for a number of LLPs, traditional partnerships and corporate bodies in the City in relation to enforcing restrictive covenants, managing out under-performing partners and avoiding discrimination claims, particularly in relation to age, as well as advising individual partners on partnership and retirement deeds, discrimination issues, their exit terms, joining new firms, restrictive covenants and team moves.
The partners in the team have a pre-eminent reputation for contentious partnership dispute resolution. The fact that we act for both partnerships and LLPs on the one hand, and individual partners and members of LLPs on the other, means that we are well placed to resolve disputes amicably and to avoid adverse publicity for our professional practice and private equity and hedge fund clients, as we are familiar with the arguments and outlooks of both sides. We also have experience of mediating disputes in this area.
As a law firm advising a number of law firms and other professional practice LLPs and partnerships, we have a good insight into the industry sectors in which our client base operates and the legal, commercial and interpersonal factors involved in the management of City law and professional practice firms. We also act for a number of LLPs operating in the private equity and hedge fund market.
On the non-contentious side, we can protect the different interests of partners and members, with a view to avoiding disputes and misunderstandings in the future. We advise on the establishment and structuring of partnerships and LLPs, as well as the more general partnership issues. We draft and negotiate partnership and LLP agreements and advise partnerships, LLPs and individual partners and members on their interpretation and effect.
For more information please contact Michelle Chance, Partner in Employment, at firstname.lastname@example.org or on 0207 566 2925 or contact James Fulforth, Partner in Corporate & Commercial at email@example.com or on 020 7369 3783.