Agreement drafting solicitors
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Our agreement solicitors can help with a range of agreements ensuring your agreements align perfectly with your business objectives while providing the clarity and protection necessary for long-term success.
Where two or more people are carrying on business together in partnership, it is usually advisable to put in place a partnership agreement. If there is no agreement, then the provisions of the partnership. However, in many situations, the default terms provided by the legislation aren’t consistent with the way the partners wish to operate the partnership.
While the Partnership Act 1890 provides default terms, modern business relationships often require more nuanced arrangements that align with your specific vision and objectives.
Our expert legal team specialises in creating customised partnership agreements that go beyond basic legislation, addressing crucial aspects such as profit sharing, capital contributions, and succession planning. By meticulously tailoring each agreement to your unique circumstances, we ensure your partnership has the robust legal framework it needs to thrive and evolve.
Securing shareholder relationships
It is often advisable for shareholders in a private company to enter into a shareholders’ agreement to regulate their rights and obligations in relation to the company. By setting out what should happen if certain events occur, a well-prepared shareholders’ agreement can give the parties greater certainty, additional protections and potentially avoid disputes later on. Shareholders’ agreements are however relatively flexible documents that can also address a wide variety of other issues.
If you are presented with a shareholders’ agreement that someone else has prepared it is advisable to obtain advice on the implications to check that you are not being unduly restricted or giving up rights which might otherwise wish to retain.
When contemplating a shareholders’ agreement, at the same time it is often worth considering whether the articles of association need to be amended or if any of the directors should enter into a director’s service contract.
We are experienced in preparing, advising on and negotiating shareholders’ agreements and can assist in putting in place a document that is right for you.
Our expert legal team excels in creating bespoke agreements that address everything from business scope and dividend policies to share transfer rights and confidentiality obligations. Whether you need a new agreement drafted or require guidance on an existing one, we ensure your shareholders’ agreement aligns perfectly with your business objectives while providing the clarity and protection necessary for long-term success.
An LLP agreement will normally cover aspects such as:
- The area of business in which the LLP will operate in;
Capital contributions, profit shares and drawings; - Admission of new members, retirement, death, and expulsion;
- Meetings and decision-making process;
- Duties, restrictive covenants, and confidentiality.
The needs and requirements of members vary from one LLP to another and we can assist in preparing an LLP agreement that’s appropriate for the circumstances.
How our Agreement drafting solicitors team can help you
Why choose Mayo Wynne Baxter's legal services
Our business & commercial solicitors offer tailored legal advice for businesses of all sizes. Our client-focused approach and proven track record make us a reliable partner for businesses seeking legal support.
- Deep business understanding: We know how businesses operate
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- Practical solutions: We offer clear and effective legal advice to complex legal issues
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Agreement drafting solicitors FAQs
Partnership agreements generally cover things such as:
- Capital contributions;
- Allocation of profit shares;
- Drawings;
- Procedure on the retirements, death or expulsion of a partner or the joining of a new partner;
- Duties of the partners;
- Holiday and other types of leave;
- Voting rights and meeting procedures;
- Restrictive covenants and confidentiality obligations.
Meet our team
Our other agreement drafting solicitors services
What to expect when you contact us
- Once you have completed the contact form or called us, our client service team will call you back, to ask a few questions including your preferred method of contact. This information is then passed directly to the Legal Adviser who will be working for you. Once you are happy to proceed we will gather all the relevant information and your file will be opened almost immediately so we can start work.
- A member of the Client Service Team will keep in contact with you on a regular basis throughout your transaction, to make sure you and them are satisfied with the progress of your matter. There is no additional charge to you for their involvement.
- We are here to assist you and ensure everything proceeds as smoothly as possible. You will have direct contact details for the client service team, who you can contact at any point during your matter.
Our aim is to make the process as easy and uncomplicated as possible for you.
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