Subjects:

Partnership Law, Legal Practice Management

Contents:

Table of Statutes

Table of Statutory Instruments

Table of Cases

Introduction

Issues Covered by a Standard Partnership Agreement

Liabilities of Partners and Partnerships

Limited Liability Partnerships

International Aspects

Profit Shares

Management

Strategic Planning

Marketing

Information Systems

Human Resource Management

Accounting

Accounting for limited Liability Partnerships

Financial Management

Insurance

Control of Clients' Money

Taxable Income and Allowable Expenses

Income Tax

Capital Gains Tax and Partnerships

Other Taxes

Incorporation - Accounting and Tax Issues

Taxation of Corporate Aspects

Partnership Changes

Considerations on Becoming a Partner

Taxation of Limited Liability Partnerships

Retirement Planning

Death of a Partner

Relevant Legislation

Model Agreements and Financial Statements

Glossary

Index

This book is a practical guide for the professional who manages, advises or is considering joining or selling up a partnership. Covering a wide range of issues that running a professional partnership involves, including the legal, financial, taxation and management aspects, the book is a valuable first point of reference on all areas of the working partnership.

The text has been fully revised to incorporate the new rules on limited liability partnerships.