Partnership Agreements.
Date: 14/11/2014 | Business & Professional Services, Corporate, Healthcare
We have prepared medical partnership agreements for over 100 medical practices based in Scotland.
The medical practices we act for extend all over Scotland from the Borders to the Highlands and Islands.
Partnership Agreement considerations:
A partner buying in.
Buying out a retiring partner.
Shares of profits and losses.
Extended hours / out of hours.
Sessional commitment.
Decision making.
Suspension of partners.
Expulsion of partners.
Discrimination.
Maternity and paternity leave and pay.
Employment of locums.
Sickness leave and pay.
Sabbatical leave.
Dissolution of the partnership.
Retirement (including 24 hour retirement).
Arbitration / disputes.
The advice we give to medical partnerships extends beyond the simple preparation of a partnership agreement. The process of preparing a bespoke medical partnership agreement is a conversation between your lawyer and the doctors and/or practice manager that draws out the vast majority of legal issues (and many accounting issues) that medical partnerships are concerned with.
Our medical partnership agreements meet the unique requirements of our medical partnership clients, and reflect the fact that they are not just an ordinary commercial business. We are constantly reviewing and revising our advice to ensure that it is up to date and reflects the changing landscape for GPs in Scotland.
If you would like an informal conversation about updating your own practice’s partnership agreement, please get in touch.