Many accountants practice in partnership or intend to some day. Partnership is a complex relationship that is often filled with conflict. Nevertheless, it holds the potential for a successful and rewarding experience in public practice. Accounting firm partnerships have varying degrees of formality. Arrangements range from a handshake, to a comprehensive partnership agreement document. 

In recent years, many accounting firms have entered into a variety of alternative arrangements designed to better enable them to deliver services to their clients. These include various forms of strategic alliances and joint venture arrangements. 

In this session Mort reviews his extensive involvement with the formation, operation and dissolution of accounting firm partnerships and other arrangements. He shares his insights and offers suggestions for having healthy and productive business relationships. Mort shares many real life scenarios during the presentation.

TOPICS INCLUDE:  

                  Evaluating your readiness to practice in a partnership

                  Living together in good times and bad

                  Are partners born or made? 

                  Handling (partnership) conflicts

                  Leveraging the partnership model

                  Common areas of dispute among accounting firm partners

                  Basic contents of an accounting firm partnership agreement

                  Nothing is forever!

                  How to use agreements as a practice management tool

                  Negotiating and renegotiating agreements

                  Formal vs. informal styles of relating