It has often been said that partnerships are in many ways like being married.
Most partnerships will have some occasions when there is a problem between the partners. Most of the time they will be able to resolve this between themselves, but sometimes it gets to the stage where the partners are not able to resolve matters themselves.
Over the years we have been involved in many partnership disputes. There is the ultimate threat of dissolving the partnership, but often that leads to none of the partners receiving any real benefit from the dissolution.
Partnership disputes can be dealt with by the court, but it can be long and costly to have the partnership’s matters dealt with this way. Often this can be avoided by using one of the ADR methods such as mediation.