Partnerships. It is not a legal requirement that partnership agreements are expressed in writing.
However Vincents strongly recommend that any terms and conditions are formalised in the form of a written document.
This means you should be able to avoid any ambiguity and hence should there be a future dispute, then this can be more easily resolved.
Our Commercial Division has significant experience in drafting bespoke partnership deeds to address all major issues, such as the term of the partnership, financial input / income, responsibility for day to day management and succession planning.
To make a general enquiry call:-
01772 555 176 or email preston@vslaw.co.uk