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How much will it cost to draw up a shareholders or partnership agreement and will each individual need their own legal advice?

The costs of a shareholders or partnership agreement can vary significantly, depending on how complex the agreement is and how much time it takes to reach an agreement. A straightforward agreement might cost as little as a few hundred pounds.

To keep costs down, it helps if the individuals involved discuss their priorities and concerns amongst themselves first. You can then involve your lawyer, who can help you to explore any issues you haven’t considered and turn the final agreement into a written document.

Normally it is unnecessary for each individual to take their own legal advice. Instead, your lawyer works with all of you, helping you reach an agreement that suits everyone.

A free, no obligation enquiry will help you get a clear understanding of the best way to proceed and the likely costs for your particular circumstances.

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