LLPs & partnerships services

Companies are only one way to structure a business, and they are not always the most appropriate option. Partnerships and Limited Liability Partnerships (LLPs) offer a genuine alternative, often better suited to professional practices, family businesses, and joint ventures where flexibility in how profits are shared and decisions are made matters more than a conventional shareholder structure.

Choosing between a partnership, an LLP, and a company is not just a formality — it affects how profits are taxed, how much personal liability the people involved carry, and how easily the business can bring in new partners or investors down the line.

If you choose a partnership or LLP structure the agreement between the partners or members is the single most important document governing how the business runs. We regularly help clients review and refresh agreements that have been left untouched for years, as well as draft new agreements from scratch for start-up partnerships and LLPs.

Our corporate team advises businesses at every stage, making the right choices at the outset, documenting how it will operate, converting from one structure to another as the business evolves and resolving disputes should they arise.