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Joint ventures

Many people run businesses with others: as a limited company with two or more shareholders, a partnership, a limited liability partnership or (less commonly) a limited partnership.

Any of these could be a called a 'joint venture' and, while working with other people has many advantages, obviously at some point the parties may not agree on the way forward. Arguments can arise on everything from profit sharing to succession planning, from decision making to transfer of ownership, and (most frequently) the contribution of the other participants.

Clear advice

When you're setting up a joint venture we'll discuss your plans, tell you clearly which is the best structure for your business, advise you on the likely areas for future disagreement and suggest legal mechanisms to pre-empt them. Our experienced lawyers are straight talking, pragmatic, accessible and commercially minded.

More about our service

We advise on dozens of joint ventures every year so we know the likely pitfalls and how to avoid problems. Whatever comes up, the chances are that one of our experienced lawyers has seen it before. The award-winning team is rated by both Legal 500 and Chambers as one of the best in Scotland.

Our approach to fees

Our costs will always be clear - and that's guaranteed. We're happy to have an initial, free, no-obligation meeting to discuss how we can help and to understand your requirements. We can often quote fixed fees. If that's not possible we'll tell you why and give you a clear indication of the likely fee based on an agreed scope of work.