Dentists | Partnership Agreement

Dentists' partnerships are governed by the Partnership Act 1890 to the extent that its provisions have not been displaced by a specific agreement entered into by the partners.

Is your agreement enforceable?  Have all the partners signed it?  How might it be impacted by the new model PDS+ Agreement under which the PCT will have more control?

Most practices will already have a written agreement  But all too frequently it is out of date or potentially inoperative, having not been signed by all the current partners of the practice.  While it is true that the terms of a partnership can arise by conduct, that is a dangerous basis on which to proceed because those 'terms' may be open to different interpretations.  It can also be out of sync with the Contract agreed with the PCT.

How should you admit new partners:

• Salaried?
• Equity - should they have an immediate share in the premises?
• Trial period - how long?

A quick review and report on your current partnership arrangements can be an extremely cost-effective way of knowing where you stand.

For further information regarding how Watson Esam can help you, contact our corporate team now on

Sheffield 0114 275 3350

or

Email corporate@watson-esam.co.uk

For further information on our corporate services please see the relevant links below

Business and Commercial Law

Buying a Property at Auction

Business Terms & Conditions