I am often asked as an experienced New York Employment Attorney how one withdraws from a partnership. We often have people come to us that have worked in partnerships for a number of years and they want to make a change that is smooth and avoid litigation in White Plains, NY. I advise clients as a New York Employment Attorney that the first thing that we ask is if you have a partnership agreement, and if a person does have a partnership agreement, the first thing we do is carefully look at the provisions of that agreement. The provisions that are related to withdrawal, compensation, and to keeping clients. We look at provisions related to work in progress and we attempt to work with clients to ensure the smoothest transition and possible short of litigation, and sometimes smooth transitions don’t take place and we assist that client in litigating in the appropriate form.
This informational blog post was provided by Jane Gould, an experienced New York Employment Attorney.