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Transparent pricing, from start to finishGet the support you need, when you need itTrusted lawyers, clear expectations
Transparent pricing, from start to finishGet the support you need, when you need itTrusted lawyers, clear expectations
Amazing experience
After placing an enquiry, I received a call 20 minutes later, and then 2 hours later, I had a solicitor assigned to me. They were absolutely incredible right from the word go - amazing and very prompt with replies, answering all my questions and keeping the process moving. We finally completed today and I am so unbelievably happy. I wouldn’t hesitate to use Lawhive again in the future if needed.
Lily
First class service
I initially made an online enquiry about a tricky conveyancing matter and received an immediate call back. They understood straight away what was needed and gave me a quote that was very reasonable. It was such a pleasure to find someone who was cheerful, professional and completely reassuring as I’d been getting quite anxious about the sale of my house. The service Lawhive has provided is absolutely first class and I cannot recommend them enough.
Charles
Empathetic, professional and efficient
I am an executor, selling my mother's home. I found the assistance I received from Lawhive first rate - empathetic, professional and efficient.
Mark
Great service from Lawhive
We used Lawhive for our conveyancing needs and our solicitor was very helpful, patient and informative. She helped us with our needs with prompt responses and provided a very efficient service.
Kelvin
Great service when you need clarity and calm
Our solicitor was warm, friendly and provided crystal clear communication. A lot of conveyancers assume customers know everything about the process already, so it was really appreciated to hear each stage included in the price given.
Em
Quick and efficient
We used Lawhive for a transfer of property and conveyancing. Our solicitor was so helpful and thorough with the whole process. He responded quickly and efficiently to any questions or requests that we had and explained some of the more complicated issues regarding the process clearly.
Geri
Fantastic service and experience with Lawhive
I had the pleasure of working with Lawhive doing a transfer of equity on a property. Our solicitor’s service was amazing, she responded quickly to any questions or concerns and kept me updated throughout the process. I can strongly recommend her for any conveyancing work that you may need. Fantastic service all round.
Jane
Amazing experience
After placing an enquiry, I received a call 20 minutes later, and then 2 hours later, I had a solicitor assigned to me. They were absolutely incredible right from the word go - amazing and very prompt with replies, answering all my questions and keeping the process moving. We finally completed today and I am so unbelievably happy. I wouldn’t hesitate to use Lawhive again in the future if needed.
Lily
First class service
I initially made an online enquiry about a tricky conveyancing matter and received an immediate call back. They understood straight away what was needed and gave me a quote that was very reasonable. It was such a pleasure to find someone who was cheerful, professional and completely reassuring as I’d been getting quite anxious about the sale of my house. The service Lawhive has provided is absolutely first class and I cannot recommend them enough.
Charles
Empathetic, professional and efficient
I am an executor, selling my mother's home. I found the assistance I received from Lawhive first rate - empathetic, professional and efficient.
Mark
Great service from Lawhive
We used Lawhive for our conveyancing needs and our solicitor was very helpful, patient and informative. She helped us with our needs with prompt responses and provided a very efficient service.
Kelvin
Great service when you need clarity and calm
Our solicitor was warm, friendly and provided crystal clear communication. A lot of conveyancers assume customers know everything about the process already, so it was really appreciated to hear each stage included in the price given.
Em
Quick and efficient
We used Lawhive for a transfer of property and conveyancing. Our solicitor was so helpful and thorough with the whole process. He responded quickly and efficiently to any questions or requests that we had and explained some of the more complicated issues regarding the process clearly.
Geri
Fantastic service and experience with Lawhive
I had the pleasure of working with Lawhive doing a transfer of equity on a property. Our solicitor’s service was amazing, she responded quickly to any questions or concerns and kept me updated throughout the process. I can strongly recommend her for any conveyancing work that you may need. Fantastic service all round.
Jane
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01 overview
Joint ventures allow businesses to combine their talents, ideas, and resources to achieve shared commercial goals, from developing new products to assessing new markets.
While there’s no obligation for joint venture participants to formalise their arrangement, a Joint Venture Agreement can outline the rights, responsibilities, and expectations of parties to reduce the risk of joint venture disputes.
Whether you’re drafting a joint venture agreement for a new arrangement, reviewing an existing one, or resolving disputes, our network of expert corporate lawyers is on hand to help quickly, for affordable fixed fees.
Contact our legal assessment team today to learn more and get a fixed-fee quote for your joint venture agreement requirements.
A joint venture agreement is a contract in which two or more parties team up on a business project. It spells out who does what and how profits are split. Solicitors make sure these contracts are legally sound and fair for everyone involved.
While verbal agreements are possible, it's smart to have a written agreement drafted by a corporate lawyer based on your initial terms. This ensures clarity and deals with potential issues upfront.
Also, joint venture agreements might not be appropriate for your arrangement. A solicitor can advise on the best legally binding contract or agreement based on your goals.
While it's not a legal requirement for two businesses or individuals to sign a joint venture agreement, it's a good idea.
This agreement helps clarify roles, responsibilities, and financial arrangements from the beginning of the collaboration, reducing the chance of future conflicts.
No, but it's highly recommended. When a joint venture agreement is documented in writing, both parties understand their roles and obligations clearly.
Without this, parties may misunderstand or get confused about what was agreed, leading to disputes, court proceedings, and even the agreement ending early.
In a contractual joint venture, partners outline their roles and duties in a formal contract. They maintain their separate businesses while combining their resources and expertise.
A partnership is where two or more individuals or businesses come together as co-owners of a shared business to achieve a common goal. In this, they share ownership, profits, losses, and management duties. Partnerships can be general or limited, and both parties may have unlimited liability, whereas in limited partnerships, partners' liability is limited.
A joint venture can be contractual or entity-based.
Entity-based joint ventures can be a company (where parties own a share in the company), a Limited Liability Partnership (LLP), or a partnership.
Since joint ventures can take different legal forms, it’s a good idea to consult with a solicitor to understand which is the most efficient structure for your joint venture before creating a joint venture agreement.
A joint venture agreement should include the name of the joint company or partnership and details about each party. It should also include:
If you set up a company as part of your agreement, you may need to issue shares and register with Companies House, also.
You don’t need a solicitor to draft a joint venture agreement. However, you should seek the advice of an experienced corporate solicitor when drafting a joint venture agreement to make sure your goals are realised and your interests are protected.
Alternatively, a solicitor can review your joint venture agreement, provide personalised advice, and identify potential risks relating to different areas of law, such as employment law and intellectual property.
The cost for a licensed solicitor to draft a joint venture agreement depends on many factors including the complexity and specific requirements of the case. On average it is expected to range from £345-£429 but in some cases, it could cost as much as £513.
Our network of experienced solicitors can help you in setting up your joint venture agreement by:
Request a callback from our Legal Assessment team for a free quote and case evaluation for your joint venture agreement today.
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