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Partnership & Shareholder Agreements

Whether you are an existing firm or a new firm the drafting and agreement of a Partnership (including Members) a Shareholders agreements is essential to ensure that the relationship between the owners is clear. The generation of an agreement to regulate the relationship of the partners is not just a regulatory requirement but is also a fundamental element to the managing of a business.

Partners and Shareholder agreement, if drafted, can often be forgotten about and over time does not reflect the reality of the relationships between the owners. If a Partnership or Shareholders agreement was never drafted or has been allowed to become out of date the resolution of issues between the partners becomes hard to manage.

Find out more

For more information about our Compliance Services you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk. You can also download our Regulation & Compliance services brochure by clicking on the link below.

How we can help

The Strategic Partner can work with your firm and its partners to review, amend and draft robust partnership and shareholder agreements.

Partnership & Shareholder Agreement Services

The finalising and updating of these agreements is an essential step in the event of a dispute between the Partners or Directors, a well written and clear partnership or shareholder agreement will ensure that any dispute is resoled quickly and without incurring significant expense or time.

In the event that it has been a while since the Partnership of Shareholders agreement has been reviewed or updated The Strategic Partner will work with the firm and its owners to ensure that the agreement is brought up to date and represents the relationship of the Partners or Directors and put in place an agreement that reflects the basis of the relationship and how it is managed.

Our services include:

  • Drafting and Agreeing new Partnership and Shareholder Agreements
  • Updating existing Partnership and Shareholder Agreements
  • Partner and Director Disputes.

In the event your firm is facing a dispute or potential dispute between Partners or Directors the quicker this is addressed the better for all concerned and through active intervention The Strategic Partner will work with those in dispute to seek a resolution without the need for litigation or damage being caused to the firm.

A dispute can cause immense personal pressure with impact on the firm, its staff and potentially clients. Addressing the cause of the dispute and finding a resolution will be in everyone’s best interests. If that cannot be achieved between those in the dispute or by others in the firm, The Strategic Partner will work with all involved to secure a resolution wherever possible.

We provide both packaged and individual solutions that directly add value into the firms we work with. You can download brochures on these services below:

Additional Compliance Services

Codes of Conduct

Specialist services designed for law firms, to assist with all areas of regulation, inc, COLP & COFA.

Anti-Money Laundering

We will work with your firm to ensure it has a full understanding of the requirements of the AML and related legislation.

Firm and File Audits

We have the expertise to provide firm wide audits and regulation advice across all areas of the practice.

New Law Firm & ABS Applications

We assist individuals and firms with making new law firm and ABS applications for all structure types.

Risk Management

At The Strategic Partner we work with law firms to establish a robust risk management strategy that covers both insurer and regulatory obligations.

Complaint Management

Our complaint management service provides firms with an effective outsource solution that enables complaints to be addressed quickly, with impartiality and resolved in the most effective manner..

Compliance Management

Our services ensure that a firm’s compliance officers can achieve peace of mind knowing that the policies and procedures adopted by the firm ensure the firm is compliant and that it will stay compliant.

Compliance Administration

The Strategic Partners Compliance Administration Service was developed at the request of our member law firms.

SRA Investigations

If your firm expects or has received a notification of investigation or the SRA have arrived at the firm our team are available to assist you.

SRA Interventions

If your firm expects or has received a notification of investigation or the SRA have arrived at the firm our team are available to assist you

Solicitors Disciplinary Tribunal

Whether you have received notification of investigation or the investigation has been concluded and a referral to the Solicitors Disciplinary Tribunal has been made it is advisable to seek expert advice and guidance.

Professional Indemnity Renewal

We work with both the Insurers and law firms providing risk guidance and risk reviews that are used for the purpose of the insurers considering the risk and premiums and in more serious cases whether to offer renewal terms.

Office Procedures Manual

We work with firms to create and maintain their office manuals, including firms with or without Lexcel and other quality kitemarks such as CQS, WIQS and legal aid franchises.

Procedure & Documents Drafting

At the Strategic Partner we work with firms to ensure they have documentation that is bespoke to them and reflects what they do in practice.

Training & Development

The Strategic Partner have developed training which can be delivered to firms and their staff to ensure there is a full and thorough understanding of the issues that firms face when managing risk and compliance and what their role is.

Partnership & Shareholder Agreements

We can assist with drafting and agreeing new partnership and shareholder agreements, reviewing and renewing existing agreements and partner and director disputes.

Succession & Exit Plans

The Strategic Partner can work with firms to develop succession and exit plans that achieve the goals of the current partners, further develop training and mentoring of future the Partners.

Orderly Closure of Law Firms

The strategic Partner works with firms to ensure that closure is undertaken on an orderly basis and where that is simply not possible due to sudden or financial issues, we will work with the firm to minimise negative impact wherever possible.

Data Protection & GDPR

Due to the nature of how law firms operate, the management, control and protection of data is an essential element of a firm compliance and regulation strategy.

Membership

Our membership provides firms with a range of benefits, discounts, updates and interaction all focussed on bringing value to your firm.

For further details on each of the other compliance services we provide please click on the links below:

 

Enquiries

For more information about our Regulation and Compliance service you can call us on 0203 911 9710 or you can email us at info@thestrategicpartner.co.uk.

 

 

Let's talk about how we can help

Get in touch - call us on 0203 911 9710 or complete the form.
Tell us what you need or ask us a question, we'd love to discuss your business.

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