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Consultancy Partnership Agreement
"I need a Consultancy Partnership Agreement for a two-person management consulting practice based in Dubai, UAE, starting operations in March 2025, with equal partnership shares and focusing primarily on local clients in the UAE market."
1. Parties: Identification of all partnership parties with full legal names and addresses
2. Background: Context of the partnership formation and brief description of each party's business
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Legal form of partnership, ownership interests, and capital contributions
5. Scope of Partnership: Description of partnership business activities and consultancy services offered
6. Duties and Responsibilities: Specific roles and obligations of each partner
7. Financial Provisions: Profit sharing, losses, capital accounts, and financial management
8. Management and Decision Making: Governance structure, voting rights, and decision-making processes
9. Intellectual Property Rights: Ownership and usage rights of IP created during the partnership
10. Confidentiality: Protection of confidential information and trade secrets
11. Term and Termination: Duration of partnership and conditions for termination
12. Exit Provisions: Procedures for partner withdrawal, retirement, or expulsion
13. Dispute Resolution: Process for resolving disputes including jurisdiction and applicable law
14. General Provisions: Standard clauses including notices, amendments, and severability
1. Non-Compete and Non-Solicitation: Restrictions on competitive activities and client solicitation, if required by business context
2. Insurance: Required insurance coverage for the partnership and individual partners
3. Data Protection: Specific provisions for handling personal data if dealing with EU clients or sensitive information
4. Force Majeure: Provisions for unforeseen circumstances preventing performance
5. Anti-Corruption Compliance: Required for partnerships dealing with government entities or international clients
6. Environmental and Social Responsibility: Include if relevant to the partnership's business activities or client requirements
7. Marketing and Branding: Guidelines for use of partnership brand and marketing activities
8. Succession Planning: Procedures for handling partner death or incapacity
1. Schedule 1 - Partner Details: Detailed information about each partner including qualifications and expertise
2. Schedule 2 - Services Description: Detailed scope of consultancy services offered by the partnership
3. Schedule 3 - Fee Structure: Pricing models, rates, and payment terms for consultancy services
4. Schedule 4 - Capital Contributions: Details of initial and ongoing capital contributions by partners
5. Schedule 5 - Profit Sharing Ratios: Detailed breakdown of profit sharing arrangements
6. Schedule 6 - Operational Procedures: Day-to-day operational guidelines and procedures
7. Schedule 7 - Key Performance Indicators: Performance metrics and evaluation criteria
8. Appendix A - Partnership Policies: Internal policies and procedures including code of conduct
9. Appendix B - Required Licenses: Copies of necessary licenses and permits for operation in UAE
Authors
Management Consulting
Information Technology
Financial Services
Human Resources
Strategy Consulting
Engineering Consulting
Environmental Consulting
Healthcare Consulting
Education and Training
Legal Services
Real Estate Advisory
Business Development
Digital Transformation
Sustainability Consulting
Legal
Operations
Finance
Compliance
Business Development
Strategy
Human Resources
Risk Management
Partner Relations
Professional Services
Document Management
Corporate Governance
Managing Partner
Senior Consultant
Chief Executive Officer
Chief Operating Officer
Legal Counsel
Business Development Director
Practice Leader
Partnership Manager
Operations Director
Finance Director
Compliance Officer
Senior Partner
Project Director
Strategy Director
Managing Director
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