Monday to Friday:- 8:45am – 5:15pm (Melbourne Office)

What is a Partnership?

A partnership is defined as being two or more persons (partners) engaging in business together with a vision to make a profit.

While partnerships don’t legally have to be equal for the partners involved, all partners share the responsibilities, benefits, and risks involved in running the business.

If you enter into a partnership you will typically need to register a business name. Partnerships also require a Deed that states clearly the obligations and rights of each partner. This document is governed by the Partnership Act. For this reason, and many others, people looking to enter into a partnership should seek legal advice from partnerships lawyers.

Partnership Agreements – Start Off on the Right Foot

A business partnership should be a carefully drafted agreement that addresses the rights and responsibilities of the parties. This process should be viewed as a positive exercise for all parties because it eliminates uncertainty and really secures what each of your roles will be. It also forces the parties to carefully think through important issues that can help prevent disappointment later and partnership disputes.

Our partnership lawyers can provide invaluable help in this area.

Contact PCL Lawyers Today

At PCL Lawyers, we know that no two businesses are built the same. This is why you will always find focused, tailored advice with our partnership lawyers that is right for your business goals.

Call us now on 1300 907 335 or fill out the enquiry form on this page.

Client Testimonials

Get in touch
We’d love to
hear from you

Office Hours Monday to Friday:- 8:45am – 5:15pm
We can accommodate appointments out of these hours if required.

Feel free to leave us a message
Get in touch
We’d love to hear from you
  • This field is for validation purposes and should be left unchanged.
Providing legal services Australia-wide,
with several locations to serve you better.
Select State:
Contact us
Get in contact with us
  • This field is for validation purposes and should be left unchanged.