Is your partnership agreement still fit for purpose?
An article by Bracher Rawlins partner Andrew Cromby has been published in the Solicitors Journal. In Brexit: Negotiating another partnership dispute, Andrew considers the parallels between the UK’s departure from the EU and bitter partnership exits faced by law firms.
“Partnership exits can be particularly problematic where the departing partner is a longstanding, full equity partner,” writes Andrew. “It doesn’t help if they are setting up in competition – and with the UK looking to develop other markets, that is exactly what is happening.”
Andrew goes on to set out some advice to the EU and the UK – and indeed any partners dealing with an exit.
You can read the full Solicitors Journal article here.
If you would like to discuss any partnership issues, please contact Andrew Cromby at andrew.cromby@bracherrawlins.co.uk.
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