Legal Profession

Becoming a Partner YSG Guide

By Young Solicitors Group
Law Society Publishing January 2003

Specifications

ISBN-13
9781853288418
Publisher
Law Society Publishing
Publication
January 2003
Format
Paperback , 120 pages
Jurisdiction
U.K. ? Countri(es) for reference only

Details

This practical book provides detailed advice on the pros and cons of accepting salaried or equity partnership. Written by young solicitors who have recently become partners the guide tells you what to ask, what to look for and what you can realistically expect when going into partnership.

It outlines the systems and procedures that a successful and forward thinking partnership should have in place and explains the relevant tax, insurance, pensions and investment issues in plain English.

Partnership can be a rewarding career choice and this guide will help the reader reach an informed decision and negotiate a partnership deed that meets his or her needs and expectations, thus ensuring a fulfilling and secure future in the profession.

This book has been written by young solicitors who have recently become partners, with contributors from experts in the fields of accounts, taxation, capital, pensions and partnership

Table of Contents

1. Deciding whether to become a partner; 
2. Assessing the firm; 
3. Salaried partnership;
4. Equity partnership;
5. Limited liability partnerships;
6. Incorporated practices;
7. Multi-disciplinary partnerships;
8. The partnership agreement;
9. Independent advice;
10. Accounts;
11. Taxation; 
12. Capital;
13 Borrowing capital;
14. Pensions and personal insurance;
15. Indemnity insurance.

About the Author

Written by young solicitors who have recently become partners, with contributors from experts in the fields of accounts, taxation, capital, pensions and partnership agreements.

Reviews

"If every solicitor faced with the question of whether or not to become a partner were to read this book, it would surely be at the top of the legal best seller lists. It deserves to be."

New Law Journal

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