PracticeGuru Learnings · Course
Partner Governance & Succession
Most partnerships do not break in one fight; they drift. Agree roles, profit sharing, decision rights and what happens when a partner slows down, retires or dies, before you need it.
New courseFirst lesson freeCertificate
- 13 short lessons12 to 15 minutes each
- About 3 hoursin all, at your own pace
- Bonus filesPartners' governance kit: job descriptions, decision matrix, meeting minutes and a partners' charter (Word)
- Who it is forfor partners of 2-5 partner firms
What you need before you start
Device: A phone or laptop
- Free optionWord and Excel, or free Google Docs and SheetsTo open and fill the course kit.Google Sheets
What you will do
Each lesson ends with a "Do this today" box. By the last lesson your firm has partner job descriptions, a decision rights matrix, a monthly meeting routine and a one-page partners' charter.
- Free Why partnerships fail quietlyThe slow ways partnerships go wrong, and a 12-question partnership health check. · 12 min
- 01 Partner roles and a job description for each partnerWho leads what: clients, people, quality, money, ICAI and the office. · 13 min 🔒 Paid
- 02 Profit-sharing models that partners believe inFixed ratio, capital plus work, and performance-based: pros, cons and a worked example. · 15 min 🔒 Paid
- 03 Capital, drawings and partners' current accountsWhat each partner puts in and takes out, and one statement everyone can read. · 13 min 🔒 Paid
- 04 Decision rights: who decides whatOne partner, the managing partner, a majority or all partners: a written matrix. · 14 min 🔒 Paid
- 05 The monthly partners' meetingA 90-minute meeting with a fixed agenda, the same numbers and written minutes. · 13 min 🔒 Paid
- 06 Disagreements, deadlocks and getting helpRaise it early, decide how to break a tie, and know the questions for your lawyer. · 14 min 🔒 Paid
- 07 Bringing in a junior or salaried partnerWho can be a partner, what a "salaried partner" label does not decide, and the steps to admit one. · 15 min 🔒 Paid
- 08 A partner who underperforms or wants to slow downTalk about the facts, agree a plan, or reshape the role and the share. · 13 min 🔒 Paid
- 09 Retirement: notice, payout options and client handoverPlan a retirement years ahead: notice, what is paid, and moving clients with care. · 14 min 🔒 Paid
- 10 Death or long illness of a partnerWhat the deed should say, what ICAI's rules mean for the firm, and the first 30 days. · 14 min 🔒 Paid
- 11 Succession planning from five years outMap every partner's likely exit, grow the next partners and test the plan each year. · 13 min 🔒 Paid
- 12 Your one-page partners' charter and the ICAI change checklistPull it all into one page, and the ICAI steps whenever partners change. · 14 min 🔒 Paid
Who made this
The PracticeGuru team, who run OneClick Branding for thousands of tax professionals. Deed points are framed as questions for your lawyer and every ICAI rule is cited with a date, so you always check the current position.