Partnership & LLP Law - An Introductory Guide

Introduction

This webinar will give participants a grounding in the key principles of partnership and LLP law and is suitable for partnership and employment lawyers at an early stage in their career.

What You Will Learn

This webinar will cover the following:

• The fundamentals - what is a partnership and what is an LLP?
• What do partners and members ‘own’?
• What are they entitled to? What are drawings as compared to profit shares? What is capital?
• Can you be an employee and a partner?
• What about being a member and an employee? If not, why not?
• What are fixed share partners? Salaried partners? Consultants?
• What are the legal relationships and duties between partners?
• How do relationships and duties operate in an LLP?
• How do partnerships and LLPs come to an end?
• What does ‘dissolution’ and ‘winding up’ mean in the partnership and LLP contexts?
• Some tips and traps of partnership and LLP litigation

This webinar was recorded on 24th April 2023