• Reynolds Parry Jones LLP
  10 Easton Street
  High Wycombe, HP11 1NP
• +44 (0)1494 525941
• +44 (0)1494 530701
• partners@rpj.uk.com
• DX 4407 High Wycombe
• Authorised and Regulated by the Solicitors Regulation Authority (No.566954)
• VAT No. 208 2994 49

If you are already in partnership (or intending to establish one) you should consider drawing up a partnership agreement. We can advise you as to the most suitable form of partnership including a Limited Liability Partnership.

A partnership agreement can be a brief or a comprehensive document and can incorporate a number of different issues such as, for example, specific areas of responsibility for individuals, provision of capital and division of profits but can also include provision for references and holiday entitlements for those actively involved in running the business.

The advantage of having such an agreement is that it pre-empts what might otherwise later become contentious issues due to different understandings of what was originally "agreed" but not put down in writing.

For further information please contact Graham King, Robert Hill, Tony Hatton or Carl Selby.