Profit Sharing, Capital Structures & Funding in Partnerships & LLPs
Law firms and professional practices are in many respects like any other business.
However, one crucial difference is the need to harness the skills and expertise of notoriously independent professionals for the benefit of all.
This new virtual classroom seminar will focus on how to best harness the skills of the partners with an appropriate and motivational profit-sharing regime and ownership and funding structure.
It will provide you with a solid understanding of the alternative profit-sharing models available, how to separate ownership from profit sharing and how to cater for the challenge of succession.
There will also be an exploration of what your firm may be worth, how best to fund the firm and how the ownership of the firm can best be managed.
If you are involved in the management of a firm or an adviser to such firms, the session will enable you to understand the issues involved and to implement changes that will address motivational, succession and ownership issues.
If you are a prospective partner, it will help you understand the risks and rewards of partnership.
What You Will Learn
This live and interactive session will cover the following:
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.