Partnerships

Partnerships

At Forsters, we have a proven track record of successfully advising on a wide range of partnership issues, from small businesses to large, complex partnerships. Our client-focused and partner-led approach ensures that you receive specialist support combined with a practical understanding of business dynamics to support you at every stage of your partnership journey. Our team seeks to help you manage and resolve partnership matters with minimal impact to the business and in the best interests of you as our client.

Whilst many of the usual employment law principles apply, partnerships and LLPs are different and require specialist knowledge.  Whether you’re forming a new partnership, managing ongoing relationships, or navigating an exit, our team provides clear, strategic and relevant advice. We work closely with you to draft and review partnership agreements, ensuring they reflect your goals and protect your interests. 

In the event of a dispute, our experienced dispute resolution team is ready to step in. We handle everything from negotiation and mediation to litigation and arbitration, always aiming to achieve the best possible outcome with minimal disruption.

Key experience

Partners moving from their existing LLPs

We have advised a number of partners moving with teams from their existing LLPs (often with US parents) to new roles in the same sector and have dealt with the complexities of restrictive covenants, confidentiality and anti-team move provisions.

Multi-national LLP

We advised a senior partner of a well-known multi-national LLP on their high-level departure. We negotiated terms that maximised our client’s profit share and financial arrangements, protected their hard-earned reputation and also removed any restrictive covenants.

Rural estate business

We advised on the amalgamation of a wider rural estate business into an existing LLP, and associated restructuring of two sets of trustee members.

Defending an unfair dismissal claim

We advised an LLP on defending an unfair dismissal claim involving one of their senior Partners following a protracted grievance and appeal process. We successfully settled this Employment Tribunal claim for our client.

Meet our team