This partnership agreement is in accordance with the Partnership Act 1890 and provides a contractual framework under which the partners should conduct themselves at all times. The agreement includes provisions in relation to the key elements that define a partnership such as management, finances and partner regulation. In addition the agreement offers many optional clauses such as those in relation to insurance, maternity, paternity and adoption leave. This document is suitable for small to medium sized partnerships of no more than twenty partners. Please note that this document is not suitable for those intending to form a limited liability partnership.
As part of this service, Nelsons will complete a Limited Review which will include reviewing the answers you input to the system, answering any reasonable questions you may have and making minor changes required to ensure you receive a document that is suitable your requirements based on the answers you gave the system. The time we spend on your document is limited, but designed to fit most people’s needs. Should your document require significant extra work, we will provide you with a quote for the additional work.