USA Lawyer Partnership Agreement
Draw up a Partnership Agreement between U.S. lawyers with this downloadable template.
- The 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.
The USA Lawyer Partnership Agreement is a digital legal form in MS Word format. Buy, download, edit to fit your requirements. Then print and sign.
Last Updated: 14-April-2016