Each incoming partner should have the opportunity to audit the last three years of the partnership`s accounting. This will ensure that the new partner is aware of the financial status of the partnership and how returns are likely. Family physicians who switch to a less expensive ”rights allowance” should first check whether this is contrary to partnership contracts or employee contracts or locum work, writes lawyer Daphne Robertson. We offer a fixed-rate service for the preparation of the first design of your partnership contracts, so you can be sure that you get the best support possible without fear of increased costs. Don`t forget – BMA members benefit from discounted prices for our services. There is nothing inherently wrong with claim policy and they are common in other professions, but family physicians need to be aware of the particular challenges they pose within the medical profession. At a minimum, you should understand the contractual obligations to which you may be subject and you would generally be well advised to obtain a written agreement from your partners or employers before purchasing a policy of law. You should consider some important things before offering a partnership to a new partner: we strongly recommend that you document the working relationship between all partners. By doing so, you significantly reduce the risk of potential partnership conflicts. A partnership agreement identifies partners` obligations, responsibilities and limitations in a practice. Your partnership agreement is without a doubt the most important document that should be made available to any incoming partner, who will have an obligation to join. A signed GP partnership agreement is essential.
Make sure you cover everything you need and learn about the dangers if you don`t have one in our guide. If the premises are owned as a partnership fund or by partners, you should check to see if the new partner is making purchases. If so, our service is coordinated to identify the specific intricacies and requirements of your partnership so that we can quickly create and complete a practical, industry-specific and tailored document.