Partnership Agreement
If you are going into business with one or more partners in Ontario, a written Partnership Agreement is essential. Without one, you are governed by the default rules of Ontario's Partnerships Act — which almost certainly do not reflect what you intended. A properly drafted Partnership Agreement sets out each partner's contributions, profit sharing, decision-making authority, dispute resolution, and what happens when a partner wants to leave. This package provides a custom Partnership Agreement drafted by an Ontario lawyer for your specific partnership.
What Is Included
- Consultation to understand your partnership structure and requirements (up to 45 minutes)
- Drafting of one Partnership Agreement for up to 4 partners
- Provisions for: capital contributions, profit and loss allocation, decision-making, management
- Partner departure, death, disability, and dissolution provisions
- Non-competition and non-solicitation provisions
- Dispute resolution mechanism
- Up to 2 rounds of revisions based on your instructions
What Is Not Included
- Negotiation between partners or with their individual counsel
- Revisions beyond 2 rounds (separate written scope and fee)
- Limited Partnership Agreements (assessed separately)
- Partnership registration or government filings
- Tax or accounting advice
- Ongoing legal advice
Who This Service Is For
Information Required from You
- 1Full legal names of all partners
- 2Nature of the business
- 3Capital contribution of each partner
- 4Proposed profit and loss split
- 5Decision-making and management structure
Common Add-Ons
Frequently Asked Questions
Important Limitations
- •This package includes up to 2 rounds of revisions. Additional revisions require an agreed written scope and fee before work begins.
- •This package does not include negotiation between partners. Each partner is encouraged to obtain independent legal advice before signing.
- •This package covers general partnership agreements. Limited Partnership Agreements require a separate quote.
- •Pricing is for up to 4 partners. Additional partners require a revised quote.
Starting from
$2,000
Plus HST; stated disbursements and third-party costs extra
Pay over time with Affirm
This fixed-fee service may be eligible for scheduled payments through Affirm’s Pay Later option in Clio Payments, subject to approval.
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Requesting does not create a lawyer-client relationship. Subject to conflict check and acceptance.
Prices are for the stated scope only. Additional complexity, urgency, disbursements, HST, or government fees may apply.
Starting from
$2,000
Plus HST; stated disbursements and third-party costs extra