GP Partnership Agreements Law

A well-drafted and up-to-date partnership agreement is essential for the effective and smooth running of a practice. These agreements should include provisions relating to profit shares, property ownership, retirement, and disputes.

Once a partnership agreement has been agreed, it is essential to keep it up-to-date to ensure that it remains in force, to reflect both changes in the partnership, and changes in the law.

How we can help

• GP partnership agreements (PMS, GMS & APMS)
• LLP agreements
• Fixed share and salaried partnership agreements
• Partner admissions and departure advice (including retirement deeds and deeds of dissolution)
• Partners’ performance and disciplinary issues
• Expulsion and dissolution advice; and
• Agreements for the transfer of property between the partners, ranging from transfers on retirement, death, admission of new partners or internal restructuring.

Team experience

• Drafting a suite of contractual documentation for a sole practitioner’s 24 hour retirement
• Drafting a deed of dissolution for a partnership where one of the partners retiring on ill health
• Drafting a partnership agreement for sole practitioner taking on new partner before his retirement
• Drafting a partnership agreement necessitated by admission of new GP joining sole practitioner
• Advising on proposed merger of GP practices; and
• Advising on 24 hour retirement.