Partnership
Agreements & Disputes
Consultancy Services For Law Firms
Most firms will have a partnership or shareholders agreement in place. However, we often find that it is not up-to-date and does not truly reflect how the Partners or Directors manage their relationships.
Surprisingly, many firms operate with outdated or irrelevant documents that have not kept pace with their evolving nature. In many cases, the documents have become almost redundant.
Keeping a partnership or shareholders’ agreement up to date is essential for effectively managing the relationship between Partners, Directors or Shareholders. The roles, responsibilities, and requirements of each must be kept up to date and reflect the requirements of the firm and the individuals.
At The Regulation and Compliance Office (RACO), we can assist with drafting and agreeing on new partnership and shareholder agreements, reviewing and renewing existing agreements, and addressing Partner or Director disputes.
Implementing and maintaining an agreed-upon and effective partnership or shareholder agreement is not just a regulatory requirement but also a means to efficiently and effectively resolve future potential problems or disagreements.
Partnership Agreements & Disputes Consultancy Service
Whether you are an existing firm or a new firm, negotiating and drafting a Partnership/Shareholders agreement is essential to ensure that the relationship between the owners is clear and protects all parties.
Generating an agreement to regulate the relationship of the Partners/Directors is not just a regulatory requirement, it is also a fundamental element of managing the firm.
If it has been a while since your Partnership or Shareholders Agreement has been reviewed or updated, The Regulation and Compliance Office will work with the firm and its owners to ensure the Agreement is brought up to date and accurately represents the relationships between and responsibilities of the Partners or Directors.
Our services include:
- Drafting and Agreeing on new Partnership and Shareholder Agreements.
- Updating existing Partnership and Shareholder Agreements.
- Management of Partner/Member and Director/Shareholder disputes.
If your firm is facing a dispute or potential dispute between the Partners or Directors, the quicker this is addressed the better for all concerned. Through active intervention, The Regulation and Compliance Office will work with those in dispute to seek a resolution without the need for litigation or damage being caused to the firm.
Contact Our Team
To ask any questions about the Regulation and Compliance Office and how we can support your Law Firm, please call us on 0203 985 8550, complete the online enquiry form below, or email us info@regulationandcomplianceoffice.co.uk