Q&As

Do you have a precedent for acquiring the business and assets of a solicitors' practice?

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Published on LexisPSL on 23/03/2017

The following Corporate Q&A provides comprehensive and up to date legal information covering:

  • Do you have a precedent for acquiring the business and assets of a solicitors' practice?

Do you have a precedent for acquiring the business and assets of a solicitors' practice?

We refer you to the: Encyclopaedia of Forms and Precedents: Agreement for the sale of the whole of a solicitors’ business [107]. This form of agreement is intended for use in the situation where a solicitors partnership is selling the whole of its business, at arm’s length, to third parties who will also be operating in partnership. It should be capable of adaptation to other professional practices.

For guidance on drafting, you may find it useful to consider the Precedent: Transfer agreement—conversion of general partnership to limited liability partnership and associated

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