LMC Partnership Agreement Drafting Service
The LMC have partnered up with a specialist law firm to bring you a partnership agreement drafting service which is led by a legally qualified team who specialise in partnership and contract law to ensure legal accuracy.
If you are interested in having an agreement drafted or if you have any questions about our bespoke agreements and what we can offer for you then please contact Abi Askew at Abigail.askew@nwlmcs.org or call 01772 863806.
Having an up to date partnership agreement in place protects you as an individual and your practice, identifying responsibilities and obligations of partners at a practice. It is a vitally important document which should be agreed in advance with any incoming partner.
We can draft specific clauses and schedules into your agreements and can cover anything you like in terms of how you, as Partners, would like your practice to run. We want to ensure you are happy with the service and we therefore tailor the agreement to your individual needs.
We charge a competitive set fee which includes an initial meeting with Abi to answer any queries if needed and also a follow-up meeting after the first draft has been completed, whereby Abi can go through the agreement line by line to address any concerns or answer any questions about any of the clauses. There is also then the opportunity to amend the agreement further as we provide a second draft and final draft to you and Abi can again meet with the Partners at the point that these drafts are sent over to include anything additional or make changes.
Please note that if you have a particular complex issue that is outside of the LMC scope and needs solicitors advice, we charge a separate small fee for a solicitor from our legal firm to be present at a meeting. We will let you know of this in advance if we feel that legal advice is needed.
In addition, we do recommend that your partnership agreement is reviewed approximately every 2 years to ensure that it is up to date and we can carry out this review for you for a small fee. New Partners coming into the practice and retiring Partners can be removed from the agreement free of charge but any additional clauses or schedules you require following the final draft being sent to you are costed on an individual basis.
We look forward to working with you.