ABSTRACT

As discussed above (in 1.4.1.2), professional partnerships are one type of non-trading partnership. The 1890 Act makes no special provision for professional partnerships, but the Companies Act 1985 and a number of statutory instruments provide that the following partnerships are exempt from the maximum number of 20 partners (see 1.5): • solicitors; • accountants; • stockbrokers; • architects; • estate agents; • surveyors; • valuers; • patent agents.