We advised a firm of accountants on the acquisition of a number of smaller practices.
We advise on the creation and structuring or partnerships, including members’ rights, profit shares, capital provisions, control, retirement, expulsions and restrictive covenants. We also work with our clients to ensure compliance with their professional bodies. Increasingly we advise clients who have an embedded purpose in their LLP deed to meet any certification requirements. We have direct experience of this having been certified as a B Corporation.
How we help
Whether drawing up governing documents to manage the relationship between partners or advising when new partners are joining an existing partnership/LLP, we focus on achieving the desired balance of control and financial risk/reward, whilst ensuring that the business is protected appropriately.
We also have significant experience advising on partnership mergers, acquisitions, while mindful of the applicable tax treatment for partners or members.