Law Firm Partnership Agreement Template for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Law Firm Partnership Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Law Firm Partnership Agreement

"I need a Law Firm Partnership Agreement for establishing a new boutique litigation firm in California with three founding partners, including specific provisions for future lateral hires and a points-based compensation system to be implemented from January 2025."

Document background
The Law Firm Partnership Agreement serves as the foundational document for establishing and operating a law firm partnership in the United States. This document is essential when two or more attorneys decide to practice law together in a partnership structure. It addresses crucial aspects such as ownership rights, profit distribution, management responsibilities, and partner obligations while ensuring compliance with state bar regulations and professional ethics rules. The agreement is particularly important as it provides clarity on complex issues such as partner compensation, capital requirements, voting rights, and departure procedures. It must be carefully drafted to accommodate both current needs and potential future scenarios, while maintaining flexibility for firm growth and development. The agreement should reflect specific jurisdictional requirements and professional conduct rules applicable to legal practice in the relevant state(s).
Suggested Sections

1. Parties: Identification of all partners and the partnership entity

2. Background: Context of partnership formation and purpose

3. Definitions: Key terms used throughout the agreement

4. Partnership Structure: Organization type, management structure, and voting rights

5. Capital Contributions: Initial and ongoing capital requirements

6. Profit and Loss Sharing: Distribution of profits and allocation of losses

7. Management Rights: Decision-making authority and procedures

8. Partnership Meetings: Requirements for regular and special meetings

9. Withdrawal and Retirement: Process for partner exit and retirement

10. Dissolution: Circumstances and procedures for partnership dissolution

Optional Sections

1. Non-Compete Provisions: Restrictions on post-departure competition - use when partners agree to restrict future practice

2. International Practice: Rules for international offices and practice - use when firm has international presence

3. Alternative Fee Arrangements: Special billing and compensation structures - use when firm implements non-traditional billing methods

Suggested Schedules

1. Schedule A - Partner Capital Accounts: Detailed breakdown of partner contributions

2. Schedule B - Profit Sharing Formula: Detailed calculation methods for profit distribution

3. Schedule C - Partnership Points System: Point allocation system for equity partners

4. Schedule D - Office Locations: List of firm offices and jurisdictions

5. Schedule E - Insurance Requirements: Professional liability and other insurance details

6. Schedule F - Partner Contact Information: Contact details for all partners

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Internal Revenue Code: Federal tax regulations governing partnership taxation, income distribution, and tax treatment of partner compensation and benefits

Americans with Disabilities Act (ADA): Federal law requiring reasonable accommodations for disabled partners and employees, and compliance in office accessibility

Equal Employment Opportunity Laws: Federal regulations prohibiting discrimination in employment and partnership decisions based on protected characteristics

Fair Labor Standards Act: Federal law governing wage and hour requirements for non-partner employees of the firm

Civil Rights Act: Federal law prohibiting discrimination and ensuring equal rights in professional partnerships

Uniform Partnership Act: State-specific implementation of partnership laws governing formation, operation, and dissolution of partnerships

State Professional Corporation/LLC Laws: State-specific regulations governing professional service entities and their structure

State Bar Rules: State-specific regulations governing law practice, including ethics, conduct, and professional responsibilities

State Labor Laws: State-specific employment regulations affecting partner and employee relationships

State Tax Laws: State-specific tax regulations affecting partnerships and professional service firms

ABA Model Rules of Professional Conduct: Professional ethics guidelines established by the American Bar Association for law practice

Limited Liability Partnership Rules: State-specific regulations governing LLP formation, maintenance, and partner liability protection

Professional Liability Insurance Requirements: State bar and partnership requirements for maintaining professional liability coverage

Trust Account Regulations: State-specific rules governing the handling of client funds and trust account management

Securities Laws: Federal and state regulations regarding partnership interests if they constitute securities

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Tooling Agreement

find out more

Residential Tenancy Agreement Standard Form Of Lease

find out more

Representation Agreement

find out more

Provisional Agreement

find out more

Preliminary Agreement

find out more

Notary Rent Agreement

find out more

Model Tenancy Agreement

find out more

Lease With Option To Buy

find out more

Lease And Licence Agreement

find out more

Land Agreement Between Two Parties

find out more

Contract Agreement Between Two Parties

find out more

Common Terms Agreement

find out more

Buyer Agency Agreement

find out more

Subordination Agreement Mortgage

An English law agreement establishing priority ranking between multiple mortgage securities over the same property.

find out more

Statement Of Agreement

A formal document under English and Welsh law recording mutual understanding and agreement between parties regarding specific terms and conditions.

find out more

Rent In Exchange For Services Agreement

An English law agreement establishing terms for rent-free accommodation in exchange for specified services.

find out more

Preliminary Contract

An English law agreement setting out initial terms and conditions between parties before finalizing a detailed contract.

find out more

Catering Contract

A legally binding agreement for catering services under English and Welsh law, establishing terms between food service providers and clients.

find out more

Lease Agreement

An England and Wales-governed agreement between landlord and tenant establishing terms for property rental and occupation.

find out more

Security Agreement Form

An English law document creating security interests over assets to secure obligations owed to a secured party.

find out more

Business Cooperation Agreement

A formal agreement governing business collaboration between parties, regulated under English and Welsh law.

find out more

Terms Of Business Agreement

A legally binding agreement under English and Welsh law that establishes the core terms and conditions for business relationships between commercial entities.

find out more

Consulting Agreement

A legally binding agreement under English and Welsh law that establishes terms for consulting services between a consultant and client.

find out more

Professional Services Retainer Agreement

An English law agreement establishing terms for ongoing professional services delivery between provider and client.

find out more

Head Of Terms Agreement

A preliminary agreement under English and Welsh law outlining key terms and conditions for a proposed business transaction or arrangement.

find out more

Supply Contract Form

A legally binding agreement under English and Welsh law governing the supply of goods or services between parties.

find out more

Business Contract

A legally binding commercial agreement between business entities, governed by English and Welsh law.

find out more

Dispute Resolution Agreement

An English law agreement setting out procedures for resolving disputes between parties through mediation, arbitration, and other resolution methods.

find out more

Umbrella Agreement

A master agreement under English and Welsh law that establishes core terms for multiple future contracts between parties.

find out more

Professional Services Contract

An English law-governed agreement establishing terms and conditions for professional service delivery between service provider and client.

find out more

Consulting Services Agreement

An England and Wales-governed agreement setting out terms for the provision of professional consulting services between a consultant and client.

find out more

Assignment And Assumption Agreement

A legal document under English and Welsh law that transfers rights and obligations from one party to another, with the receiving party assuming associated responsibilities.

find out more

Yearly Contract Agreement

A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.

find out more

Work For Hire Agreement

A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.

find out more

Work Contract

A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.

find out more

White Label Agreement

A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.

find out more

Website Development Agreement

A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.

find out more

Website Contract

A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.

find out more

Web Development Contract

A U.S.-governed legal agreement between a web developer and client specifying terms for website development services, including scope, deliverables, and rights.

find out more

Web Design Contract

A U.S.-governed legal agreement between a web designer and client specifying terms, deliverables, and rights for website development services.

find out more

Volunteer Contract

A legally binding agreement under U.S. law that establishes terms and conditions between a volunteer and an organization for unpaid service provision.

find out more

Virtual Assistant Contract

A U.S.-compliant legal agreement establishing the terms and conditions between a client and a virtual assistant, governing remote work arrangements and protecting both parties' interests.

find out more

Venue Rental Agreement

A U.S.-compliant legal agreement governing the temporary rental of a venue or facility, establishing terms, conditions, and responsibilities between the venue owner and renter.

find out more

Vendor Services Agreement

A U.S.-governed contract defining the terms and conditions for services provided by a vendor to a client.

find out more

Vendor Contract

A legally binding agreement under U.S. law that governs the relationship between a vendor and purchaser, establishing terms for goods or services provision.

find out more

Vending Machine Agreement

A U.S. legal agreement governing the placement and operation of vending machines on property, including terms for revenue sharing and maintenance obligations.

find out more

Vehicle Lease Agreement Between Individual And Company

A U.S.-governed agreement establishing terms for a company to lease a vehicle to an individual, compliant with federal and state leasing laws.

find out more

Vehicle Lease Agreement

A legally binding agreement under U.S. law that establishes terms and conditions for leasing a vehicle from a lessor to a lessee.

find out more

Vehicle Agreement Between Two Parties

A legal agreement used in the United States to document the sale and transfer of a vehicle between two parties, outlining terms, conditions, and responsibilities of the sale.

find out more

Vehicle Agreement

A legally binding document used in the United States that governs the sale, purchase, or lease of a vehicle, compliant with federal and state regulations.

find out more

Variation Agreement

A U.S.-compliant legal document that modifies specific terms of an existing contract while maintaining other original terms.

find out more

Vacation Rental Agreement

A legal agreement governing short-term vacation property rentals in the United States, establishing terms between property owners and temporary guests.

find out more

Trust Contract

A U.S. legal document establishing a trust relationship where assets are managed by a trustee for beneficiaries' benefit, subject to federal and state trust laws.

find out more

Truck Lease Agreement

A legally binding agreement governed by U.S. federal and state laws that establishes terms for leasing a commercial truck between a lessor and lessee.

find out more

Tripartite Contract

A U.S.-governed legal agreement between three parties establishing mutual obligations and responsibilities.

find out more

Tree Removal Agreement Between Neighbors

A U.S. legal agreement between neighboring property owners establishing terms and responsibilities for removing a shared or boundary-line tree.

find out more

Transportation Contract

A legally binding agreement governing the transportation of goods within the United States, establishing terms between carriers and shippers in compliance with federal transportation laws.

find out more

Transfer Of Ownership Agreement

A legally binding U.S. document that formally transfers ownership rights of property, assets, or business interests from one party to another, subject to federal and state laws.

find out more

Transfer Of Business Ownership Agreement

A legally binding agreement used in the United States to document and execute the transfer of business ownership from one party to another, ensuring compliance with federal and state laws.

find out more

Trailer Rental Contract

A U.S.-compliant legal agreement governing the temporary rental of a trailer, establishing terms between rental company and renter.

find out more

Trailer Rental Agreement

A legally binding U.S. agreement establishing terms and conditions between a trailer rental company and renter, governed by federal and state transportation laws.

find out more

Trading Agreement

A legally binding contract governing trading relationships between parties under U.S. law, establishing terms for exchange of goods, services, or financial instruments.

find out more

Trade Contract

A U.S.-governed agreement establishing terms and conditions for the purchase and sale of goods between trading parties, subject to UCC and relevant trade laws.

find out more

Toll Manufacturing Agreement

A U.S.-governed agreement establishing terms for one company to manufacture products according to another company's specifications and intellectual property rights.

find out more

Tender Agreement

A U.S.-governed document that establishes rules and procedures for competitive bidding processes and tender submissions.

find out more

Tenancy In Common Agreement

A U.S. legal agreement that establishes rights, responsibilities, and ownership arrangements between co-owners of real property.

find out more

Teaming Agreement

A U.S.-governed agreement establishing collaboration between organizations to pursue specific business opportunities, defining roles and responsibilities of all parties involved.

find out more

Syndicated Loan Agreement

A U.S.-governed agreement between multiple lenders and a borrower for providing syndicated financing, managed by an administrative agent.

find out more

Suretyship Agreement

A U.S. legal agreement where one party guarantees the obligations of another party to a third party, governed by federal and state suretyship laws.

find out more

Support Contract

A U.S.-governed agreement establishing terms and conditions for the provision of ongoing support services, including service levels, responsibilities, and remedies.

find out more

Support Agreement

A U.S.-governed contract defining terms and conditions for providing support services, including service levels, responsibilities, and fees.

find out more

Supplier Agreement

A U.S.-governed contract establishing terms and conditions for the supply of goods or services between a supplier and buyer.

find out more

Supplemental Agreement

A U.S. legal document that modifies or adds to an existing contract while maintaining its core terms.

find out more

Subscription Contract

A U.S.-governed agreement establishing terms and conditions for recurring service provision between a service provider and subscriber.

find out more

Sublet Tenancy Agreement

A U.S. legal agreement between a primary tenant and subtenant for the temporary rental of leased property, subject to federal and state housing laws.

find out more

Sublease Contract

A U.S. legal agreement allowing an existing tenant to lease their rented property to another party while maintaining the original lease agreement.

find out more

Sublease Agreement

A U.S. legal agreement allowing a tenant to rent their leased property to another party, subject to federal and state landlord-tenant laws.

find out more

Subcontractor Contract

A U.S.-governed agreement between a primary contractor and subcontractor defining work scope, terms, and obligations for project execution.

find out more

Subcontractor Agreement (Construction)

A U.S. construction industry agreement between general contractor and subcontractor defining work scope, terms, and legal obligations.

find out more

Software Maintenance Agreement

A U.S.-governed contract defining terms for ongoing software maintenance and support services between a provider and customer.

find out more

Software Licence Agreement

A U.S.-governed legal agreement defining terms and conditions for software usage, including rights, restrictions, and obligations of both licensor and licensee.

find out more

Software Development Contract

A U.S.-governed agreement defining terms and conditions for custom software development services, including scope, deliverables, and intellectual property rights.

find out more

Software As A Service Agreement

A U.S.-governed agreement establishing terms for the provision of cloud-based software services, including usage rights, security, and compliance requirements.

find out more

Social Media Management Contract

A U.S.-governed agreement establishing terms between a social media management provider and client, covering service scope, deliverables, and compliance requirements.

find out more

Small Business Partnership Agreement

A U.S.-governed legal agreement establishing terms and conditions for a small business partnership between multiple parties.

find out more

Simple Tenancy Agreement

A basic legal agreement governing residential property rental in the United States between landlord and tenant.

find out more

Simple Shareholders Agreement

A U.S.-governed legal agreement defining rights and obligations between company shareholders and establishing rules for share ownership and corporate governance.

find out more

Simple Residential Lease Agreement

A legally binding contract for residential property rental in the United States, establishing basic terms between landlord and tenant.

find out more

Simple Rental Agreement

A basic legal agreement for residential property rental in the United States, establishing core terms between landlord and tenant.

find out more

Simple Real Estate Purchase Agreement

A legally binding contract used in the United States that outlines the terms and conditions for the purchase and sale of real property.

find out more

Simple Real Estate Contract

A standardized U.S. contract for basic real estate transactions, outlining property sale terms and conditions.

find out more

Simple Purchase Agreement

A legally binding agreement under U.S. law that documents the terms and conditions for the sale and purchase of goods between two parties.

find out more

Simple Personal Loan Agreement

A legally binding U.S. agreement documenting terms and conditions between a lender and borrower for a personal loan.

find out more

Simple Partnership Agreement

A U.S.-governed legal agreement establishing the terms and conditions between business partners, including rights, responsibilities, and profit sharing arrangements.

find out more

Simple Month To Month Rental Agreement

A U.S. legal agreement establishing flexible monthly rental terms between landlord and tenant, with automatic renewal provisions.

find out more

Simple Loan Assignment Agreement

A U.S.-compliant agreement transferring loan rights and obligations from one party to another.

find out more

Subcontractor Agreement

A U.S.-governed legal agreement between a principal contractor and subcontractor defining terms for delegated work or services.

find out more

Strategic Partnership Agreement

A U.S.-governed legal agreement establishing terms and conditions for strategic business collaboration between two or more entities.

find out more

Strategic Alliance Agreement

A U.S.-governed legal agreement establishing terms and conditions for formal collaboration between organizations, defining their strategic partnership and mutual obligations.

find out more

Storage Agreement

A U.S.-compliant legal agreement establishing terms and conditions for storing property between a storage provider and customer.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.