Joint Ventures and Partnerships
Our exceptional corporate and commercial team provides expert advice on joint ventures and partnerships.
Joint Ventures and Partnerships
Multi-sector experience of joint ventures and partnerships
When it comes to choosing the right partnership vehicle for your business project, the services of a legal specialist are essential.
Our exceptional corporate and commercial team provides specialist expert advice on strategic partnerships and joint ventures. We possess extensive knowledge and experience across various sectors including medical and professional practices, facilities management, manufacturing, healthcare, engineering businesses and the leisure, publishing and construction industries.
To help you identify the most suitable vehicle for your objectives, whether it’s part of a new venture or supporting the reorganisation of an existing business, we take a structured commercial approach. We collaborate closely with you to fully understand your business plans, drawing in additional expertise and insight from our commercial property and private client teams in order to develop the most well-rounded solution that aligns with your aims.
At all stages we strive to present our advice jargon-free, with documentation that is clear and easy to understand.
Our advisory services typically cover the following legal structures:
- Partnerships
- Specialist single purpose arrangements
- Limited liability partnerships (LLP)
- Corporate joint ventures
To initiate an initial discussion and explore how our team in can support your business, please get in touch with a member of the team in St Albans, Harpenden or Luton.
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FAQs
Frequently asked questions
What is a joint venture?
A joint venture is a business partnership between two or more companies or organisations that agree to work together on a specific project or goal. Each company contributes resources, such as capital, expertise or technology, to the venture.
How do joint ventures work?
Joint ventures often involve the creation of a separate legal entity that is owned by the participating companies. This entity will often operate independently from the parent companies and be responsible for managing the joint venture’s operations and finances.
How do I choose the right partner for a joint venture?
Choosing the right partner is crucial for the success of a joint venture. It’s important to consider factors such as the partner’s expertise, reputation, financial stability, and compatibility with your company’s goals and values. A well-written joint venture agreement can also help protect your company’s interests and minimize potential conflicts.
What are the benefits of a joint venture?
Joint ventures can offer several benefits to the companies involved, such as access to new markets, sharing of risks and costs, and the ability to combine complementary skills and resources to achieve a common goal.
What are the potential risks of joint ventures?
Joint ventures can also have some risks, such as conflicts of interest between the partnering companies, disagreements over the management of the venture, and potential legal and financial liabilities.
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