Model Partnership Agreements for New York Law Firms

Contents at a Glance

Why Do You Need a Partnership Agreement? / Classes of Partner / Governance, Compensation and Retirement / Model Partnership Agreement Structure / General Provisions / Admission of New Partners / Capital / Income Allocation and Distribution / Termination or Interruption of Interest / Limitations on Payments to Former Partners / Duties of Partners / Dissolution, Termination and Liquidation / Consolidation or Combination with Other Firms / Indemnification/ Recitals / Admission of New Partners / Capital of the Partnership / Partnership Income Allocation and Distribution / Termination of Partnership Interest by Reason of Death / Termination of Partnership Interest by Reason of Disability / Termination of Partnership Interest by Retirement / Termination of Partnership Interest by Withdrawal / Termination of Partnership Interest by Expulsion for Cause / Interruption of Partnership Status / Limitations on Payments to Former / Inactive Partners / Duties of Partners / Dissolution, Termination and Liquidation of Partnership / Consolidation or Combination with Other Firms / Indemnified Acts or Omissions

Product Description:

PC: 41358/41358E

For every lawyer who has wondered whether it makes sense to establish a partnership or other business form, here is the book for you. For every law practice with no formal structure, this book will help you decide whether and how to formalize your relationship.

For your convenience, an accompanying CD contains the 21-page Model Partnership Agreement also included in the book. 

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