Partnership is the preferred entity for organisations that provide professional services in the United Kingdom. Structured in the right way, partnership can be an efficient, flexible and robust vehicle. Lawyers who specialise in professional practices can help firms benefit from these advantages and prosper long into the future

Keystone has substantial experience in advising professional practices and individuals across a broad spectrum of services including formation and incorporation, restructuring, merger and acquisition, risk, regulation and litigation.

Our team of professional practice lawyers understand the issues and challenges that firms face in establishing the most efficient, compliant and versatile structure for their businesses. We recognise the importance of balancing risk with flexibility and implementing this in sensible and workable agreements.

We can help practices through the processes of merger and demerger or conversion to LLP status, as well as drafting all the necessary documentation, including guidance papers for circulation to partners.

We are also experienced in acting for both firms and partners in dispute resolution, whether by negotiation, mediation, arbitration or conventional litigation. We frequently encounter issues relating to retirement, expulsion, de-equitisation, succession, dissolution, insolvency and the enforcement of restrictive covenants.

Our lawyers regularly act for practices and individuals on matters relating to professional misconduct, risk management and how to respond to regulatory complaints. They are well-placed to provide training on work management systems, complaints handling and risk avoidance.

Our clients are predominantly comprised of solicitors, accountants, architects, dentists, doctors, investment managers, patent attorneys and surveyors.

For further information or to discuss a matter please telephone 020 3319 3700 or click here to email us.

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