Partnership Agreements

What is a Partnership Agreement?

According to English law, any 2 or more persons can form a partnership together if they intend to trade for profit. A Partnership Agreement formalises this arrangement, removes uncertainty  between partners and provides a roadmap for dealing with unforeseen future events.

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    Who is a Partnership Agreement For?

    • Family members who wish to enter business together
    • Friends who have a business idea
    • Professional colleagues, starting up a new venture

    What are the benefits of a Partnership Agreement?

    A Partnership Agreement:

    • Provides clarity for the partners
    • Reduces any scope for misunderstanding
    • Protects the partnership in the event that one partner passes away

    How much does a Partnership Agreement cost?

    Our prices for Partnership Agreements are:

    • To create a basic Partnership Agreement, our prices begin from £900.00.
    • To review an existing Partnership Agreement, our prices begin from £300.00.
    • To negotiate a Partnership Agreement with another party or their legal representatives, our prices begin from £400.00.

    How do I get started?

    1. We’ll ask you to sign and return our Client Care Letter and to place monies on account.
    2. Depending on your availability, we’ll schedule a call within 7 working days, to take your instructions and learn about your business.
    3. We’ll aim to provide you with a first draft 7 workings days after taking your instructions.
    4. Once we receive your feedback, we’ll send you a final version of your Partnership Agreement, ready for your partners to rely on.

    How long does it take to create a Partnership Agreement?

    We can create a basic Partnership Agreement within 7 working days of you giving us instructions. If your Partnership Agreement is more complex, then it would take longer for us to prepare a first draft.


    • Review an existing Agency Agreement
    • Provide a legal opinion and summary of key clauses
    • No amendments


    • Review an existing Franchise Agreement
    • Make amendments to the document
    • Correspond with the other party’s solicitors


    • Create a new Franchise Agreement
    • We’ll prepare a first draft for you to review and provide feedback
    • We’ll incorporate any amendments and provide you with a second and final version.