Review and advice on your existing partnership agreement. If you want to check your partnership agreement is still working for you, this service provides a clear review identifying risks and areas that need updating. It is particularly useful if the partnership has changed since the agreement was originally put in place.
Q: What happens if we don't have a written partnership agreement?
Without a written agreement, the Partnership Act 1890 applies by default. Among other things, this means all partners share profits equally regardless of their contributions, and any partner can dissolve the partnership at any time. A written agreement lets you set your own rules.
Review and advice on your existing partnership agreement. If you want to check your partnership agreement is still working for you, this service provides a clear review identifying risks and areas that need updating. It is particularly useful if the partnership has changed since the agreement was originally put in place.
Q: What happens if we don't have a written partnership agreement?
Without a written agreement, the Partnership Act 1890 applies by default. Among other things, this means all partners share profits equally regardless of their contributions, and any partner can dissolve the partnership at any time. A written agreement lets you set your own rules.