England & Wales · CPR 35 / FPR 25

BVExperts

Partnership & LLP Valuations

Goodwill on retirement, LLP interests, and professional practice multiples.

Experts value partnership and LLP interests on retirement, dissolution, or expulsion. We address salaried versus equity partners, restrictive covenant value, and sector-specific multiples for law, accountancy, and medical practices.

Typical expert witness work phases
PhaseWhat we doDeliverable
Deed ReviewAnalyse partnership/LLP agreement termsRights and obligations memo
Earnings AnalysisNormalise partner drawings and firm earningsMaintainable earnings
Interest ValuationValue partnership/LLP interestInterest value conclusion
ReportExpert determination or court reportCourt-ready report

Related case type: Partnership dissolution

Common questions

How are partnership and LLP interests valued on retirement or expulsion?
Experts review the partnership or LLP agreement, normalise drawings and firm earnings, and apply practice-specific multiples or agreed formulae. Restrictive covenants and goodwill allocation often drive disputes.
Do salaried and equity partners require different valuation approaches?
Yes. Equity partners typically hold a capital and profit share that is valued; salaried partners may have limited equity rights. The deed terms and practice accounts determine what is actually transferable.

Next step

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