Accounting Firm Partnership Agreements

Partner Russell Shapiro has recently been published in the February 2010 issue of the CPA Practice Management Forum. Russell discusses how a partnership agreement is the cornerstone of the relationship among the partners of an accounting firm. The partnership agreement contains provisions regulating the overall governance of the firm, the relationship among the partners and the rights and obligations of the partners, including retirement benefits. A partnership agreement should not be static. For more information on partnership agreements and for the full article please click here.

Russell is a partner in the firm's Corporate Practice Group. He concentrates his practice in mergers and acquisitions, joint ventures and management buy-outs. He also serves as outside counsel to several businesses, and as a Certified Public Accountant, brings significant tax and financial understanding to corporate transactions.

This article is reprinted with the publisher’s permission from CPA PRACTICE MANAGEMENT FORUM, a monthly journal published by CCH, a Wolters Kluwer business. Copying or distribution without the publisher’s permission is prohibited.