03 Aug 2017
THE Leeds office of leading North law firm Ward Hadaway has been shortlisted for four industry awards.
A good business needs firm foundations to build on. That is why getting shareholder, LLP and partnership agreements right can be so important.
Setting down and formally agreeing the rights and responsibilities of the key players in a business leaves everyone knowing exactly where they stand so the important job of getting on and growing the business can take centre stage.
A well drafted agreement will have the flexibility needed to allow this growth to take place, will enable clear and effective decision making, facilitate straight-forward management and reporting and avoid misunderstanding.
It should also provide for changes in personnel and management of disputes, and a means of exit over time. It must of course also ensure that the peculiarities of company, LLP or partnership law are dealt with.
Our commercial team has extensive experience of advising on a wide range of shareholder, LLP and partnership agreements in a myriad of different industries and sectors and for companies of all sizes.
We adopt a solutions-focused approach to the unique issues thrown up in creating these types of arrangements and can do this because of our extensive experience of providing solutions to clients over many years.
As well as providing advice at the outset of a business’ life, we are also adept at updating long-standing agreements which have become out-of-date, or drafting new agreements for established businesses, which failed previously to implement them – all with the minimum amount of disruption.
Equally we are often called in to advise about existing agreements, their effect and the consequences of inadequately drafted documents.
If disagreements do occur, we have nationally recognised experts on hand to advise on dealing with shareholder, LLP and partnership disputes, employing an array of practical solutions to suit individual situations rather than offering a standard textbook approach which fails to address the practicalities of the business itself.
And because we deal with real-life business issues every day, we talk your language rather than reciting legal jargon.
For sound advice delivered in plain English, please get in touch.