Resolving practice disputes

Disputes arise even in the most successful practices, and often amongst partners or colleagues who have otherwise worked harmoniously. Topics that commonly cause conflict include decisions about premises, the sale or acquisition of a practice, the accounting treatment of profits and expenses, and the impact of the retirement or under-contribution of a partner.

What can your practice do to minimise the disruption that is commonly caused by these disputes?

Give your practice agreements a 'health check'

Ensure that your practice agreements contain the 'rules' for how important decisions will be made and any disputes resolved.

Have your agreements evolved with your practice? Do they reflect the operational realities of your business?