As part of our corporate and employment offerings, we have extensive experience of advising Partnerships and LLPs as well as individual partners and LLP members on the non-contentious and contentious aspects of their business relationship.
From working on the conversion of partnerships and companies into LLPs to professional firm mergers, advising on team moves and litigating restrictive covenants to protect our clients' business interests, and negotiating partners and LLP members retirement terms, our resume speaks for itself.
In terms of our non-contentious partnership expertise, we have experience in advising fund management, law, accountancy, surveyor and other professional firms.
The team has the ability to provide clear-cut advice to you on the adoption of new limited liability partnership and partnership agreements, as well as revisions to existing agreements and team hires. Our offering includes advice on retirement arrangements, especially those involving deferred payments and investment fund carried interests.
We have a pre-eminent reputation for contentious partnership dispute resolution. Our team has experience in advising partnerships, LLPs, individual partners and members in the financial services, professional services and media sectors on team moves, restrictive covenants and garden leave.
The team can help you and your business reduce your partners’ notice periods as well as providing clarity around the protection of confidential information, discrimination and whistleblowing claims, managing out under-performing or misbehaving partners, partners' retirement terms and advice on becoming an equity partner.
Michelle Chance heads the Womble Bond Dickinson contentious partnership team, offering years of experience in the handling of disputes arising in the professional and financial service and media sectors. Sources acclaim her as an "excellent, client-friendly partner" who "provides concise, commercial advice that gets to the heart of the matter."
Building on ‘a strong employment and corporate offering’, Womble Bond Dickinson (UK) LLP has made some notable additions to the team and will certainly be ‘one to watch’ going forward. Michelle Chance joined from Kingsley Napley LLP in 2016 and ‘brings the litigation bite to join the existing corporate capability’. Her recent work has included instructions by former individual members at a household-name professional services firm in relation to those individuals’ highly contentious exits.
Barry Stimpson joined the team from Olswang LLP and heads the non-contentious side of the partnership group. He has ‘great experience of hedge fund and private equity partnerships’[Legal 500], and has also acted for numerous law and accountancy firms as well as individual partners in the legal and accountancy partnership space.
Jamie Pass also has experience of non-contentious LLP law and Richard Collins also focuses on disputes.