Partnership Dispute Lawyers

partnership disputes

Our office is conveniently located in Sydney: 801, Level 8/100 William St, Woolloomooloo NSW 2011 (view in Google Maps).

How do our partnership dispute lawyers help?

Navigating the complexities of partnership disputes can prove challenging for any business owner. We understand the disruption and stress these conflicts can cause. This is how we help:

  • Our dedicated provide tailored solutions for your unique situation
  • Deep understanding of Australian business law
  • Reliable expertise to guide you through the process

We’ve empowered numerous Australian businesses to overcome partnership disputes, allowing them to refocus on growth. Contact us today to regain control of your business’s partnerships.

partnership dispute lawyers

We offer a range of partnership dispute legal services.

Why choose us for your partnership disputes?

When it comes to resolving partnership conflicts, our expert team of experienced lawyers are invested your business success. We offer:

  • Skilled lawyers with specialised expertise in Australian business law.
  • Tailored  solutions designed for optimal outcomes.
  • Proven success with satisfied clients across diverse Australian businesses.
  • Empowerment for growth by resolving conflicts and enabling expansion.
  • Client-centric approach that prioritises your needs at the core of our service. 

Resolve partnership disputes effectively. Choose our skilled team for tailored solutions, proven success, and a client-centric approach.

Partnership dispute FAQs

What is a partnership dispute?

A partnership dispute arises when partners in a business disagree on various aspects of the business operations, decisions, or management.

These disputes can stem from issues such as profit sharing, roles and responsibilities, business strategy, or compliance with the partnership agreement. Resolving partnership disputes promptly is crucial to maintain business continuity and good relationships among partners.

What is the definition of a partnership?

A partnership is a legal arrangement where two or more individuals or entities agree to operate a business together and share its profits and losses.

Each partner contributes to the business, whether in the form of capital, skills, or labor, and participates in its management. Partnerships are governed by the Partnership Act in each state or territory, which outlines the rights and obligations of the partners.

What is the difference between a partnership and a business?

The key difference between a partnership and a business lies in the structure. A partnership is a specific type of business entity where two or more people share ownership, responsibilities, and profits.

On the other hand, a business can be any entity, including a sole proprietorship, corporation, or trust, with various ownership structures and legal implications.

Partnerships involve shared decision-making and liabilities, while other business structures may have different arrangements for ownership and management.

For more information on the types of business structures in Australia, click here.

What are examples of partnership?

Examples of partnerships include:

  • Law firms where multiple lawyers join forces to offer legal services.
  • Medical practices where doctors pool resources to run a clinic.
  • Accounting firms where accountants collaborate to provide financial services.
  • Family businesses where siblings or spouses run a venture together.

These partnerships leverage the combined expertise and resources of the partners to achieve common business goals.

How do you resolve a partnership dispute?

Resolving a partnership dispute involves several steps:

1. Open communication: Partners should engage in honest and open discussions to understand each other’s perspectives.

2. Mediation: Involving a neutral third party to facilitate a resolution can be effective.

3. Reviewing the partnership agreement: The agreement often contains clauses for dispute resolution.

4. Legal advice: Consulting with partnership dispute lawyers can provide clarity on legal rights and obligations.

5. Arbitration or litigation: If informal resolution fails, formal legal processes may be necessary.

Early intervention and clear communication are essential to resolving disputes amicably. Our experienced disputes team can help you with any queries you may.

What things may cause disputes in a partnership?

Here are some common causes of partnership disputes:

  • Disagreements over profit distribution, expenses, and financial management.
  • Conflicts arising from unclear or overlapping duties.
  • Diverging views on the direction and growth of the business.
  • Breaches of the partnership agreement or business policies.
  • Differences in personalities and work styles.

Understanding and addressing these potential issues early can help prevent disputes from escalating. Contact us today if you need any guidance.

 Request expert advice today for your partnership disputes

Request partnership dispute advice from one of our highly qualified partnership dispute lawyers via phone or the contact form on this page. We’ll make sure to get back to you within a day.