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The second edition of this highly acclaimed book offers an unrivalled level of advice and guidance on this rapidly expanding and constantly developing subject. Offering clear descriptions of the nature and consequence of Limited Liability Partnerships, it enables practitioners to undertake with confidence the process of conversion from a partnership.
This latest edition covers the latest revisions to the Accounting SORP, the replacement of Stamp Duty with SDLT, brand new tax regulations, changes in the Companies Act and the Insolvency Act, plus some essential guidance from the Law Society covering terms of debentures to be issued by law firms, and the use of the word 'partners' to describe members and others.