Partnership agreement drafting

September 28, 2010 4:08 PM

Partnership agreement drafting in the UK

I'm in the process starting a business in the UK and have formed a partnership. I need a partnership agreement (deed of partnership) drafted on a budget. We intend to split the ownership/profits 80% / 20% - this is the main reason we need something put in writing. We also intend to dissolve the partnerhsip in around a years time to create a limited company. Does anyone know of a reliable solicitor/lawyer capable of drafting this kind of agreement quickly and easily - most importantly - on a tight budget?

Thank you for your recommendations, and help.

posted by samengland to law & government (4 answers total)

As getting this bit right is fairly crucial to avoid problems down the line it is worth spending money on it
posted by koahiatamadl at 8:43 PM on September 28, 2010

Business Link may give some pointers.
posted by wilko at 11:29 PM on September 28, 2010

The Law Society has a 'find a solicitor' service, just search by postcode and area of law.
posted by Infinite Jest at 5:29 AM on September 29, 2010

What about the drafting services of web based companies like newlawman.co.uk - are these trustworthy, or should one avoid these services? They quoted £280 for the document I described above.
posted by samengland at 9:53 AM on September 29, 2010