LLPs point the way
Language: English Series: Law Society's Gazette ; 104(33) 30 August 2007, 18-19(2) Publication details: 2007Subject(s): Summary: Discusses the pros and cons of Limited Liability Partnership (LLP) status. Over half of the top UK firms are now LLPs, and advantages include greater protection of partners' business assets, flexibility, and tight housekeeping. However, publishing results can be a mixed blessing, particularly if a firm is going through a hard time. LLPs also have complicated financial filing commitments and there can be difficulties for firms with overseas operations.| Item type | Current library | Call number | Copy number | Status | Date due | Barcode | |
|---|---|---|---|---|---|---|---|
| Journal article | London Journal article | L140179 (Browse shelf(Opens below)) | 1 | Available | 140179-1001 |
Discusses the pros and cons of Limited Liability Partnership (LLP) status. Over half of the top UK firms are now LLPs, and advantages include greater protection of partners' business assets, flexibility, and tight housekeeping. However, publishing results can be a mixed blessing, particularly if a firm is going through a hard time. LLPs also have complicated financial filing commitments and there can be difficulties for firms with overseas operations.