Partnership
UK Guide 2025 : Scotland
Band 2
Email address
[email protected]Contact number
(0141) 221 8888About
Provided by Harper Macleod LLP
Our team has in-depth knowledge of all forms of partnership law and advises a range of clients, from entrepreneurs looking to set up a partnership to private equity investment funds looking to use a limited partnership as their preferred structure.
Our team has a proven track record advising professional services firms including accountants, IFAs and estate agencies, with a particular focus on the healthcare sector. In addition we advise farming partnerships and partnerships in the retail and food & drink industries.
We also frequently advise on limited partnerships and their use as private equity funds, property investment funds (including student accommodation) and in connection with central asset reserves for pension schemes. Our team has contributed towards consultations on proposed new legislation in the area of Scottish limited partnerships.
In addition, we advise on a significant number of partnership matters relating to law firms and also give specialist opinions on complex partnership problems for these law firms' clients.
Partner Stephen Chan is the author of 'A Practical Guide to Partnership Law in Scotland'.
Chambers Review
Harper Macleod regularly advises international law firms and fund managers on SLPs and LPs, while also assisting City law firms with the use of Scottish partnerships as carried interest vehicles. The team is particularly strong in the real estate sector, where it aids clients with a variety of matters, including partnership structuring.
Work Highlights
- Harper Macleod advised Black Seed GP on the formation of a Scottish limited partnership to be used as the carried interest vehicle in a first-time early-stage venture capital fund which invests in UK tech start-ups.
Strengths
Provided by Chambers
"The team were highly responsive and efficient. They were willing to get involved in complex situations and to deliver strong results."
"Harper Macleod have a strong team who are highly responsive, efficient and willing to get involved in complex situations and to deliver strong results."
"The legal advice we get is always clear, concise and practical."
"The team were highly responsive and efficient. They were willing to get involved in complex situations and to deliver strong results."
"Harper Macleod have a strong team who are highly responsive, efficient and willing to get involved in complex situations and to deliver strong results."
"The legal advice we get is always clear, concise and practical."
Notable Practitioners
Scott Kerr assists clients with the formation of Scottish limited partnerships and other business structures. His clients include fund managers and law firms.
"Scott Kerr is excellent to work with, he is very collaborative and provides good advice which is practical and commercial."
"Scott is brilliant. He provides good value for money and is responsive and helpful. He is a pleasure to deal with."
"He is technical, practical and responsive."
Stephen Chan assists clients with a range of partnership matters, including the setting up of Scottish limited partnerships and the usage of those structures as vehicles for investment funds.
"Stephen is very capable. He was able to develop solutions to complex situations where other solicitors were unable to assist."
"He is a well-known expert in the partnership market."
"We would thoroughly recommend Stephen Chan as his expertise was clearly visible as he represented our interests."