Expertise
Partnership is a well-known and long-established business model in the medical, dental, legal and accountancy sectors. But, under Irish law, a partnership is automatically formed when parties are in business together without having set up a company – across all sectors of the economy, individuals may be working together as a partnership without ever intending to do so. In these circumstances a partnership agreement is vital – without one, the legal rights of parties will be determined by Irish partnership law, or by the courts, which can be a costly, public process for all involved.
Our highly experienced experts advise on all aspects of partnership law, from partnership formation, through the legal issues that may arise between partners, to dissolution.
We advise on all types of partnership, including Limited Liability Partnerships and Investment Limited Partnerships. Our comprehensive advice covers all aspects of robust partnership agreements, including: governance arrangements including voting powers and meetings; capital structure and cash flow; business operation and management; profit distribution; partnership disputes; and arrangements for assets and liabilities at dissolution.
Key Contact
The Team
Services
- Establishing a professional practice – medical, dental, accountancy and other professional services
- Business structures, including incorporation, LLP, ILP and limited companies
- Employment law
- Restrictive covenants, including non-compete and non-solicitation clauses
- Discrimination advising in relation to equality and age discrimination
- Professional regulatory issues
- Dispute resolution and mediation
- Partnership litigation
- Arbitration clauses and representing partners in the arbitration process
- Practice expansion, including mergers and de-mergers, new partners, and employee arrangements
- Practice changes, including partner expulsions, retirements, performance issues, dissolution, and team moves
- TUPE advice on the application of Transfer Regulations to partnership business sales and team moves
- Partnership transactions including business sales
- Partnership dissolution covering advising on contentious and non-contentious endings
Key Contact
The Team