Limited Liability Partnerships (or LLPs) are a hybrid entity offering limited liability but allowing members to organise themselves as in a traditional partnership.

An LLP member may be an equity member who receives a share of profits or a fixed share member who has a f...


A business partnership can be fun.  Being asked to join a partnership could be the recognition that you have worked so long to achieve.  Starting a new partnership with your colleagues, could be just the challenge that you need.  You will be thinking about refining and...


What is it?

A ‘Green Socks’ clause is becoming the norm in partnership agreements for GPs and is also increasingly seen for other professionals. Partnership agreements are being specifically updated to add the clause.

The ‘Green Socks’ clause allows expulsion of a partne...

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