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Lawyer Partnership Agreement (USA)

USA lawyers, if you plan to go into partnership with other legal practitioners, use this template to draw up a Partnership Agreement among the partners. Provisions of the Agreement include:

  • Partners will not receive a salary for services rendered. Instead they will each have a drawing account from which they can make withdrawals in amounts agreed upon between the partners. Withdrawals will be charged against a partner's respective share of the profits.

  • All partners will participate in management, and no partner will engage in any other business without the consent of the other partners.
  • If a partner withdraws, he/she is entitled to take all files pertaining to clients whose affairs he/she has personally conducted, unless the client requests otherwise.
  • Procedure for determining the value of a partner's interest upon death, retirement or withdrawal from the partnership.

  • The surviving partners have the right to continue using the name of a deceased or retired partner in the partnership name.

This USA lawyer partnership agreement is provided in MS Word format, and is fully editable to fit your particular circumstances.





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