Partnerships and LLPs
The beauty of English partnerships is their flexibility: a partnership can be established for any purpose and on virtually any terms.
Several different forms are available, including general partnerships with unlimited liability through to the limited partnership and the limited liability partnership.
We have particular expertise in family businesses and farming partnerships and we work closely with our Private Client team to advise on succession planning and tax optimisation and structure. Partnerships are dynamic entities and we advise on changes in the partnership structure, LLP conversion and documentation at the significant points in their development.