Understanding Partnerships

Understanding the structure of your partnership can help you achieve the best outcome to a dispute.

The concept of being ‘in partnership’ may seem simple, but it can be complex and can cover a variety of different types of legal structures.

Whilst some types of partnership are far more common than others, it is key that you understand which structure applies to your situation. This will provide the insight you need to understand your rights and responsibilities as a Partner and achieve the best resolution in any dispute.

There are three main types of partnership in England and Wales:

• A general partnership.
• A limited liability partnership (often called an ‘LLP’).
• A limited partnership.

We are experts in partnerships and the rules that regulate them, providing the experience and knowledge you need to get the right result.

We are experts who will go the extra mile to help you achieve your aims. Whether that is carefully negotiating an exit or seeking a remedy through the Courts for damages, an account of profits or an injunction to stop future breaches, we are on hand to support you.

Our team is made up of specialist commercial litigators with experience covering all forms of partnership. We are consistently highly ranked in both the Legal 500 and Chambers legal directories.

We act for a variety of clients from private individuals to large PLCs. Partnership disputes can arise in the context of almost any kind of business and we have come across pretty much all of them.

We are especially experienced in working with partnerships in the financial and professional services sector. We are litigators who specialise in a variety of sectors.